Equity benchmarks continued to run up for third consecutive session Wednesday, with the Sensex closing above the 30000 mark for the first time ever, backed by banking & financials, auto and FMCG stocks.
The Nifty also ended at record closing high ahead of expiry of April futures & options contracts due Thursday, up 45.25 points at 9,351.85.
The Sensex rallied 190.11 points to 30,133.35 but the broader markets saw profit booking. About two shares declined for every share rising on the BSE.
HEADLINES OF THE DAY
Eicher Motors JV eyes 10% growth in FY18.
Brigade Enterprise to raise Rs500 crore through QIPs.
NIIT Tech up after collaboration with Siam City.
UPCOMING RESULTS: MARUTI, UJJIVAN, TATAELXSI, IBREALEST, TVSMOT, MOTILAL OSWAL, KOTAK BANK, RELCAP, BIOCON, UTTAMSUGAR
The crucial resistance for Nifty spot is now seen at 9390 and above this 9440.Support for the immediate term is now placed at 9230 and next support will be 9170.
Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
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