INDIAN BENCHMARKS: SENSEX NIFTY ENDS FLAT, SENSEX DOWN 32.68 POINTS @ 26726.55 NIFTY 50 BELOW 8250
Benchmark indices closed flat with a negative bias on first day of the week due to lack of domestic as well as global cues. All eyes are on quarterly earnings season that will kick start this week with IndusInd Bank, Infosys and TCS. Macro data will also be announced, which will be closely watched especially after currency demonetization.
The 30-share BSE Sensex was down 32.68 points at 26726.55 and the 50-share NSE Nifty fell 8.70 points to 8235.10 while the broader market outperformed.
About 1567 shares advanced against 1253 declining shares on the BSE.
HEADLINES OF THE DAY
Aurobindo to buy Portugal's Generis for 135 mn euro.
Granules drops on receiving 11 observations from Infarmed.
SEBI queries Tata firms on Cyrus Mistry, Nusli Wadia allegations.
The crucial resistance for Nifty spot is now seen at 8295 and above this 8360 Support for the immediate term is now placed at 8200 and next support will be 8136.