Even as the Nifty touched a record high in opening tick, consolidation and range-bound moves continued on frontline indices on Tuesday.
The Sensex closed down 21.39 points at 32402.37, while the Nifty was down 4.05 points at 10149.05. The market breadth was negative as 1288 shares advanced, against a decline of 1311 shares, while 159 shares were unchanged.
Midcaps had a good day, outperforming the benchmark indices, while barring pharmaceuticals and PSU banks, all sectoral indices ended in the green
Tata Motors, Tata Motors DVR and GAIL were the top gainers on both indices, while Coal India, Sun Pharma and Aurobindo Pharma were the top losers.
HEADLINES OF THE DAY
Glenmark receives ANDA approval for Desonide Ointment
NMDC’s total iron ore production at 13.18 mn tonnes
Tata Chemicals gains on share sale to Tata Sons.
The crucial resistance for Nifty spot is now seen at 10230 and above this 10300. Support for the immediate term is now placed at 10120 and next support will be 10060.
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