INDIAN BENCHMARKS: SENSEX ENDS DOWN 296 POINTS, NIFTY BELOW 9900

Equity benchmarks fell sharply for second consecutive session Monday, weighed by HDFC Group, FMCG, infra and auto stocks.

The 30-share BSE Sensex was down 295.81 points or 0.93 percent at 31,626.63, and the 50-share NSE Nifty fell 91.80 points or 0.92 percent to 9,872.60.

More than three shares declined for every share rising on the BSE.

HEADLINES OF THE DAY

Tata Global Beverages incorporates subsidiary in Russia.

JK Lakshmi Cement tanks post block deal.

Lupin receives USFDA approval for generic Clobex Lotion.

The crucial resistance for Nifty spot is now seen at 9942 and above this 10010. Support for the immediate term is now placed at 9830 and next support will be 9775.

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