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INDIAN BENCHMARKS: SENSEX NIFTY CLOSE LOWER ON PROFIT BOOKING

Equity Tips

Benchmark indices closed moderately lower on Tuesday, weighed by profit booking ahead of last phase of voting for assembly elections. The 30-share BSE Sensex was down 48.63 points at 28999.56 and the 50-share NSE Nifty fell 16.55 points to 8946.90.

Tata Steel, Hindalco and Axis Bank remained the top losers on both indices, while Adani Ports, ONGC and BPCL were the top gainers. 

HEADLINES OF THE DAY
Bharat Financial says portfolio with over 8 weeks overdue stood at Rs383 cr.
Unichem gains on concluding USFDA inspection at Ghaziabad unit.
Lupin launches gPaxil extended release tablet in US.

The crucial resistance for Nifty spot is now seen at 8980 and above this 9020 Support for the immediate term is now placed at 8865 and next support will be 8808.

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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