INDIAN BENCHMARKS: SENSEX FALL FOR 4TH CONSECUTIVE DAY, NIFTY ENDS BELOW 8100
Equity benchmarks closed range bound session on a negative note Thursday with the Nifty ending below 8100 for the first time since June 27.
The 30-share BSE Sensex was down 71.07 points at 26227.62 and the 50-share NSE Nifty fell 31.65 points to 8079.95 while the broader markets were also under pressure. The BSE Midcap and Small cap indices slipped 0.4 percent and 0.6 percent, respectively.
HEADLINES OF THE DAY
EIL Q2 net profit up 21% (YoY).
Lupin gains after receiving USFDA final approval.
IGL Q2 net profit up 42% (YoY).
The crucial resistance for Nifty spot is now seen at 8240 and above this 8310 Support for the immediate term is now placed at 8060 and next support will be 7930.
UPCOMING RESULTS: JB CHEM, NHPC, GUJRATGAS, NBCC, RCF.
Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647http://www.capitalstars.com/