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European markets traded marginally higher as investors look for developments at the G-20 summit in Osaka, Japan. President Donald Trump and Chinese President Xi Jinping are likely to meet to resolve ongoing trade war issue.
On the sectoral front, PSU Banks is the top gainer, up 2.01 percent on Nifty. Nifty metal is the biggest loser, down 1.51 percent.
Benchmark indices are trading near day's low with Nifty down 33.50 points or 0.28 percent at 11,808. Sensex is down 114.09 points or 0.29 percent at 39,472.32. About 1028 shares have advanced, 1243 shares declined, and 146 shares are unchanged. GAIL, Tech Mahindra and NTPC are among the biggest winners, while Yes Bank, Vedanta, Bharti Infratel are among the top losers.
On the sectoral front, PSU Banks is the top gainer, up 2.01 percent on Nifty. Nifty metal is the biggest loser, down 1.51 percent.
Benchmark indices are trading near day's low with Nifty down 33.50 points or 0.28 percent at 11,808. Sensex is down 114.09 points or 0.29 percent at 39,472.32. About 1028 shares have advanced, 1243 shares declined, and 146 shares are unchanged. GAIL, Tech Mahindra and NTPC are among the biggest winners, while Yes Bank, Vedanta, Bharti Infratel are among the top losers.
HEADLINES OF THE DAY
Bank of Baroda shares gained 3 percent intraday despite global brokerage Credit Suisse maintaining its bearish call on the stock.
Torrent Pharmaceuticals shares gained 1.4 percent intraday on June 28 after global brokerage house Credit Suisse retained its positive stance on the stock due to good India business.
Glenmark Pharmaceuticals in its BSE filing said it has received ANDA approval for Ezetimibe and Simvastatin tablets, which are available in 10 mg/10 mg, 10 mg/20 mg, 10 mg/40 mg, and 10 mg/80 mg strenghts.
Shares of Maruti Suzuki India rose 1 percent intraday Friday after brokerage house Citi maintained buy rating but cut target to Rs 7,400 from Rs 8,000 per share.
The crucial resistance for Nifty spot is now seen at 11900 and above this 12060 Support for the immediate term is now placed at 11640 next support will be 11500.
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