INDIAN BENCHMARKS: SENSEX FALLS 150 POINTS NIFTY BELOW 10400

Benchmark indices closed lower despite upside in European peers, with the Sensex falling 150.20 points to 33,685.54.

Banking & financials, oil & gas and FMCG stocks weighed.

The 50-share NSE Nifty was down 50.70 points at 10,360.20.

The broader markets outperformed frontlines, with the Nifty Midcap index rising 0.4 percent. About three shares advanced for every share falling on the BSE.

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The crucial resistance for Nifty spot is now seen at 10520 and above this 10700. Support for the immediate term is now placed at 10300 next support will be 10170.

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

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