Equity benchmarks closed higher and Nifty Bank ended at record closing high after RBI policy announcement.
The 30-share BSE Sensex was up 80.72 points at 31,271.28 and the 50-share NSE Nifty rose 26.75 points to 9,663.90.
Even the market breadth also improved as about 1455 shares advanced against 1148 declining shares on the BSE.
HEADLINES OF THE DAY
RBI maintains status quo.
ICICI Bank approves stake sale ICICI Lombard via IPO.
Airtel-Telenor India merger gets CCI nod.
The crucial resistance for Nifty spot is now seen at 9700 and above this 9762.Support for the immediate term is now placed at 9605 and next support will be 9550.
Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
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