After trading range bound for a larger part of the day, market has ended the day on a flat note. The Sensex was up 15.75 points at 36155.73, while the Nifty was up 2.30 points at 11086.00. The market breadth favoured the declines as 1005 shares advanced, against a decline of 1895 shares, while 240 shares were unchanged.
State Bank of India, Adani Ports, and GAIL were the top gainers on both indices, while Bharti Airtel and Tata Motors fell the most.
HEADLINES OF THE DAY
Bank of Baroda may float $1bn QIP soon.
Eveready to form JV with Indonesia based company for FMCG products.
RBL Bank falls 4% as asset quality worsens in Oct-Dec.
The crucial resistance for Nifty spot is now seen at 11160 and above this 11200. Support for the immediate term is now placed at 11000 next support will be 10890.
RESULT TOMORROW: AJANTA PHARMA, DR REDDY, INDOCO, JINDALSTEEL, L&TFH, LICHSGFIN, MARUTI, NILKAMAL. TATACOFEE, UPL, VIP
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