Equity benchmarks had a trend reversal during the day and ended on a negative note. The Sensex had gained over 250 points, but has ended in the red.
The Sensex was down 94.56 points at 29319.10, while the Nifty was down 34.15 points at 9105.15. The market breadth was negative as 1,111 shares advanced against a decline of 1,778 shares, while 142 shares were unchanged.
Tata Steel, Coal India, Bharti Infratel and Tata Steel were top losers, while NTPC, Wipro, Aurobindo Pharma and IOC gained the most.
HEADLINES OF THE DAY
Government plans to sell stake in six PSUs in FY2018.
Berger Paints signs MoU with NBCC.
Aurobindo gains ahead of USFDA inspection
UPCOMING RESULTS: INDUSIND BANK , YESBANK , TV18BROADCAST , NETWORK18 , JAYBARMARU
The crucial resistance for Nifty spot is now seen at 9205 and above this 9251.Support for the immediate term is now placed at 9100 and next support will be 9025.