Equity benchmarks closed lower on profit booking as the Sensex failed to hold 30000 level on weekly basis.
The 30-share BSE Sensex was down 111.34 points at 29,918.40 and the 50-share NSE Nifty fell 38.10 points to 9,304.05.
SBI, ONGC, Maruti Suzuki, ICICI Bank, Asian Paints, Adani Ports and Sun Pharma gained 1-3 percent while ITC, HDFC Bank, HDFC, Reliance Industries and TCS lost 1-2 percent.
HEADLINES OF THE DAY
UPL Q4FY2017 results: strong topline growth, margins missed estimates.
Ceat Q4FY2017 results review: Below estimates.
Indiabulls Real Estate Q4 consolidated profit up 19%Tata Elxsi Q4.
UPCOMING RESULTS: JSWENERGY, ASTRAMICRO, RUSHIL, BHARATFIN, DCM, DABUR, ORIENTCEM, MARICO, RBLBANK, INOX, SHRIRAM CITY, DEEP IND
The crucial resistance for Nifty spot is now seen at 9390 and above this 9440.Support for the immediate term is now placed at 9230 and next support will be 9170.
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