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INDIAN BENCHMARKS: SENSEX ENDS DOWN 205 POINTS NIFTY BELOW 10150

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Benchmark indices reversed some of gains seen in previous two consecutive sessions, with the Sensex losing 205.71 points to 32,968.68.

The NSE Nifty managed to close above 10,100 levels on expiry of March derivative contracts, falling 62.90 points to 10,121.30.

Tata Steel, Vedanta, ICICI Securities, SBI, Reliance Industries, ITC and Infosys fell 1-3 percent while Wipro, Tech Mahindra and Bosch gained up to 4 percent.

HEADLINES OF THE DAY
IDBI Bank raised Rs7, 881cr through capital infusion from the government.
Indoco’s Goa unit receives UKMHRA observations.
L&T Construction’s Power T&D business wins orders worth Rs4, 353cr.

The crucial resistance for Nifty spot is now seen at 10190 and above this 10270. Support for the immediate term is now placed at 10075 next support will be 9950.

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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