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INDIAN BENCHMARKS: SENSEX DOWN 162 POINTS NIFTY ENDS BELOW 10500

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The market closed lower for second consecutive session, with the Sensex falling 162.35 points to 34,184.04, dragged by private banks, auto and FMCG stocks.

The Nifty declined 61.40 points to 10,492.90. About three shares declined for every share rising on the BSE.

ICICI Bank falls over 2% as the bank has exposure to Gitanjali Group, not Nirav Modi firms

HEADLINES OF THE DAY
Granules India’s Chantilly facility received EIR from USFDA.
Cipla to sell Roche’s two biologics in India.
Unichem’s buyback offer to open on March 7, 2018.

The crucial resistance for Nifty spot is now seen at 10535 and above this 10640. Support for the immediate term is now placed at 10430 next support will be 10340.

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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