 |
|
|
Equities are closing the session with cuts of over a percent on both indices. The Nifty ended below 10,700, while the Sensex ended nearly 400 points lower.
Amid an all-round sell-off among sectors, financials, automobiles, and metals bled, while investors also dumped in the midcaps space.
All of this added to the volatility on the market.
At the close of market hours, the Sensex was down 377.81 points or 1.05% at 35513.71, and the Nifty lower by 120.20 points or 1.11% at 10672.30. The market breadth was negative as 962 shares advanced, against a decline of 1,588 shares, while 151 shares were unchanged.
Asian Paints, HUL, and Bharti Infratel were the top gainers, while ONGC, M&M, IOC and Eicher Motors lost the most.
HEADLINES OF THE DAY
Mahindra Lifespace Developers signs agreement with Maharashtra Govt: Deep Mangal Developers, wholly owned subsidiary has signed a non-binding State Support Agreement with the Government of Maharashtra for the development of a world-class tourist destination in Murud in district Raigad.
Rupee to be in 70-72 range against dollar in 2019: ICICI Bank
The government has notified Rs 28,600 crore bank recapitalisation bond allocation.
Mahindra & Mahindra Financial Services plans to raise up to Rs 3,500 crore through public issue of non-convertible debentures (NCDs).
Alembic Pharma gets USFDA approval: The company has received USFDA (US Food & Drug Administration) approval Pramipexole Dihydrochloride extended-release tablets, 0.375 mg, 0.75 mg, 1.5 mg, 2.25 mg, 3 mg, 3.75 mg, and 4.5 mg.
L&T Construction has won orders worth Rs 1,060 crore.
The crucial resistance for Nifty spot is now seen at 10720 and above this 10920 Support for the immediate term is now placed at 10480 next support will be 10370.
Get free trial Click here: http://www.capitalstars.com/free-trial
www.capitalstars.com |T:+91-9977499927
No comments:
Post a Comment