Sensex ends 80 points lower, Nifty fails to hold 11,600; ONGC gains 4%.



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The Sensex was down 80.30 points at 38564.88, while Nifty was down 18.50 points at 11576. About 1132 shares have advanced, 1380 shares declined, and 147 shares are unchanged. 
Maruti Suzuki, Yes Bank, Tata Steel, IndusInd Bank and Hero Motocorp were top losers on the Nifty, while gainers include ONGC, Zee Entertainment, Sun Pharma, Bajaj Finance and Reliance Industries.
Among sectors, energy, FMCG and pharma witnessed some buying, while auto, bank, metal and infra ended in red.
HEADLINES OF THE DAY
Crude Update: Oil prices hit 2019 highs on Tuesday after Washington announced all Iran sanction waivers would end by May, pressuring importers to stop buying from Tehran.
SpiceJet to launch 28 new flights connecting Mumbai, Delhi from Friday, reports CNBC-TV18, quoting Cogencis.
Rajesh Exports opens 82nd retail showroom under its brand SHUSH JEWELLERS at Mangalore. With this launch Rajesh Exports now has 82 SHUSH JEWELLERS showrooms.
Ajay Piramal may sell stakes in Shriram group of companies: Report.
RESULTS TO BE ANNOUNCED TOMORROW :- INFRATEL , HEXAWARE , ICICI PRULI , IBULHSGFIN , M&M , MUTHOOTCAP , TATA ELXSI , ULTRACEMCO.
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.


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