Equity benchmarks have begun the week on a negative note, with indices falling over half a percent. Losses in index heavyweights, weak global cues and concerns on poor monsoon forecast may have dragged the indices.
The 30-share Sensex was down 184.25 points at 29237.15, while the Nifty was down 62.80 points at 9045.20. The market breadth indicated negativity as 1,167 shares advanced against a decline of 1,631 shares declined, while 234 shares are unchanged.
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The crucial resistance for Nifty spot is now seen at 9130 and above this 9175 Support for the immediate term is now placed at 9003 and next support will be 8920.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
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