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Sensex loses 95 pts, Nifty ends below 10,700; Midcap index sheds 267 pts

Benchmark indices ended lower, with the Sensex falling 95.12 points to 35,227.26 due to sell-off in banking & financials, FMCG and technology stocks.

The Niftyslipped 40 points to 10,696.20. About three shares declined for every share rising on the BSE.

The NiftyMidcap index fell 267 points.

Atlanta, Manpasand Beverages, GMR Infrastructure, Shankara Build, PC Jeweller, Reliance Nippon, Kwality, IRB Infrastructure, V-Guard, Graphite India, Tinplate, HEG, Venky's, Edelweiss Financial, Allahabad Bank, Andhra Bank, CG Power and Punj Lloyd fell up to 15 percent.

Firstsource, KPIT Technologies, Torrent Pharma, Engineers India, Ashok Leyland and TVS Motor Company gained up to 4 percent.


TVS Motor Company on Friday registered a sales growth of 10 percent year-on-year at 3,09,865 units in May 2018 due to one-time impact of E-Way bill.

Manipal-TPG, IHH and Munjal-Burman & Radiant-KKR submitted their expression of interest for Fortis.

Tata Motors on Friday has registered a strong growth of 58 percent in auto sales for May 2018

Atul Auto said total sales increased 25.1 percent to 3,983 units in May 2018 against 3,184 units in same month last year.

Mahindra & Mahindra said auto sales for May 2018 stood at 46,849 vehicles, registering 12 percent growth compared to 42,003 vehicles sold in May 2017.

Shares of PNC Infratech gained 3 percent intraday Friday as company declared the lowest bidder for 4th package of Nagpur-Mumbai Expressway.


The NIFTY will now have Resistance 10755  after that next resistance will be 10815. The support for nifty will be 10620 and next support for nifty will be 10540.

The BANK NIFTY will now have Resistance 26900 after that next resistance will be 27150. The support for nifty will be 26325640 and next support for nifty will be 25920.

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