Benchmark indices ended lower for the fourth consecutive day on July 23 as it remained volatile throughout the day with Nifty failed to hold above 11,350 level.
At close, the Sensex was down 48.39 points at 37,982.74, while Nifty was down 15.20 points at 11,331. About 1170 shares have advanced, 1259 shares declined, and 168 shares are unchanged.
SBI, Indiabulls Housing, HDFC, Adani Ports and Bajaj Auto were among major losers on the Nifty, while gainers were Power Grid Corp, Kotak Mahindra Bank, ITC, Hero Motocorp and Asian Paints.
Among sectors, PSU banks dragged 3 percent followed by auto, metal, pharma, while buying seen in the FMCG, energy, infra and IT.
HEADLINES OF THE DAY
DCM Shriram Q1: Net profit was up at Rs 220 crore against Rs 217.8 crore, revenue was down 8% at Rs 1,902.5 crore versus Rs 2,067.9 crore, YoY.
Dr Reddy's launches Ramelteon Tablets: Dr. Reddy's Laboratories launched Ramelteon Tablets, 8 mg, a therapeutically equivalent generic version of Rozerem (ramelteon, 8 mg) Tablets, approved by the US Food and Drug Administration (USFDA).
Tata Consultancy Services has announced the successful completion of a large-scale cloud migration project for Randstad, a global leader in the HR services industry.
The crucial resistance for Nifty spot is now seen at 11520 and above this 11800 Support for the immediate term is now placed at 11220 next support will be 11100.
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