Benchmark indices wiped out gains in last hour of trade after further correction in rupee that fell a percent intraday against the US dollar.
The 30-share BSE Sensex was down 71.07 points at 33,703.59 and the 50-share NSE Nifty declined 18 points to 10,360.40.The market breadth was weak as about 1,464 shares declined against 1,261 advancing shares on the BSE.
Among midcaps, Tata Global, Biocon, Voltas, Radico Khaitan, Bhushan Steel and Just Dial were down 1-3 percent while Canara Bank, IDBI Bank, Indian Bank, Union Bank, Fortis Healthcare,
Apollo Tyres, Titan Company and PC Jeweller gained 1-5 percent.
HEADLINES OF THE DAY
Suven Life announces securing two product patents.
Cabinet approves method for auction of commercial coal mines to private sector.
JSW Energy Limited inks MoU with Government of Maharashtra for EVs.
The crucial resistance for Nifty spot is now seen at 10490 and above this 10575. Support for the immediate term is now placed at 10300 next support will be 10210.
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