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The market registered eighth consecutive day fall on May 10 with Nifty ended below 11,300.
At close, the Sensex was down 95.92 points at 37,462.99, while Nifty was down 22.90 points at 11,278.90. About 1187 shares have advanced, 1270 shares declined, and 162 shares are unchanged.
Tata Steel, HCL Tech, Yes Bank, IndusInd Bank and IOC were among major losers on the Nifty, while gainers include Zee Entertainment, Titan Company, Bharti Airtel, SBI and Indiabulls Housing.
Metal, IT, pharma, energy, FMCG and auto witnessed selling pressure, while some buying seen in the banks and infra sectors. Midcap and smallcap index ended with marginal gains.
HEADLINES OF THE DAY
Canara Bank Q4: Net loss at Rs 551.5 crore against loss of Rs 4,859.8 crore. NII up 17.2% at Rs 3,500 crore versus Rs 2,988 crore.
Kajaria Ceramics Q4: Net profit at Rs 66 crore, revenue up 8.7% at Rs 815.3 crore versus Rs 750 crore, YoY.
Dilip Buildcon Q4: Net profit rose 1.2% at Rs 219.9 crore against Rs 217 crore, revenue at Rs 2,571 crore versus Rs 2,558 crore, YoY.
SBI Q4 result: State Bank of India (SBI) has reported Q4FY19 net profit at Rs 838.4 crore against loss of Rs 7,718 crore in a year ago period.
The crucial resistance for Nifty spot is now seen at 11400 and above this 11690 Support for the immediate term is now placed at 11120 next support will be 11090.
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