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At close, the Sensex was down 5.67 points at 39,586.41, while Nifty was down 3.40 points at 11,844.10. About 1388 shares have advanced, 1121 shares declined, and 162 shares are unchanged.
M&M, Tata Motors, Indiabulls Housing, Eicher Motors and Bharti Infratel were among major gainers on the Nifty, while losers were Tech Mahindra, HCL Tech, Hindalco, Reliance Industries and UPL.
Among sectors, buying was seen in the auto stocks, while IT, metal and energy stocks remained under pressure.
HEADLINES OF THE DAY
Credit rating agency ICRA has upgraded the rating of Repro India to BBB+ (Stable) to the term loan and [ICRA) A2 to the short term non fund based limits. The outlook on the long-term rating has been revised from 'Positive' to 'Stable'.
Oil slid to around USD 66 a barrel on Thursday, pressured by concerns over whether the G20 summit will produce a breakthrough on trade and perceptions that supply is ample despite the prospect of continued OPEC curbs.
Shares of Axis Bank gained over 2 percent intraday June 27 on a report of likely share sale by the company.
Titan Company, SBI, ICICI Bank, HDFC Bank, TCS, Bajaj Finance, Bajaj Finserv and Power Grid hit all-time highs.
The crucial resistance for Nifty spot is now seen at 11960 and above this 12060 Support for the immediate term is now placed at 11720 next support will be 11600.
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