INDIAN BENCHMARKS: US POLL SCARE, NIFTY AT 3 MONTH CLOSING LOW
After a lot of struggle, the market has ended in red after polls indicate Donald Trump victory in the US presidential election.
The Nifty closed at over 3-month closing low, down 112.25 points or 1.3 percent at 8514 and the Sensex slipped 349.39 points or 1.2 percent at 27527.22.
ONGC, Tata Motors, BHEL, SBI and Cipla were losers while HUL, M&M, NTPC and Bajaj Auto were losers.
HEADLINES OF THE DAY
Escorts October 2016 tractor volumes grow 53% YoY.
Dabur to acquire personal care biz of South African CTL Group.
ONGC Videsh completes acquisition of 11% additional stake in Vankor.
The crucial resistance for Nifty spot is now seen at 8615 and above this 8680 Support for the immediate term is now placed at 8475 and next support will be 8410.
UPCOMING RESULTS: WHIRLPOOL, TUBEINVESTMENT, MONSANTO, TTKPRESTIGE, LALAPATHLAB, AMBUJACEM, COSMOFILM, BERGERPAINT, CHEMFALKAL