Selling pressure in the final hour of trade dragged frontline indices lower on Tuesday, with the Sensex ending over 200 points down, while the Nifty was below 10,250-mark.
The Sensex closed down 227.80 points or 0.68% at 33227.99, while the Nifty was down 82.10 points at 10240.20. The market breadth was negative as 993 shares advanced against a decline of 1,679 shares, while 149 shares were unchanged.
ONGC, Dr Reddy’s Laboratories, and Adani Ports were the top gainers, while Coal India, Hero MotoCorp, HPCL and Bharti Infratel were the top losers.
HEADLINES OF THE DAY
PNB to raise up to Rs 5, 000cr through QIP.
Dr. Reddy’s gains 4% post receipt of USFDA EIR.
GAIL India to import 5 MT of LNG from the US next fiscal.
The crucial resistance for Nifty spot is now seen at 10355 and above this 10400.Support for the immediate term is now placed at 10210 and next support will be 10125.
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