Benchmark indices ended the volatile day on flat note with Nifty finished the July F&O series below 11,300 mark.
At close, the Sensex was down 16.67 points at 37830.98, while Nifty was down 9.50 points at 11261.80. About 1059 shares have advanced, 1342 shares declined, and 171 shares are unchanged.
Tata Motors, Bajaj Finance, Bajaj Finserv, Coal India and JSW Steel were among major losers, while gainers were Vedanta, Cipla, Zee Entertainment, Sun Pharma and IndusInd Bank.
Among sectors, metal, infra, auto and energy witnessed selling, while buying was seen in the IT and pharma. BSE Midcap index ended 0.5 percent higher, while BSE smallcap ended flat.
HEADLINES OF THE DAY
Ambuja Cements Q1: Cement maker Ambuja Cements has reported 17.5 percent fall in its June quarter (Q1FY20) net profit at Rs 412 crore against Rs 499.3 crore in the same quarter last fiscal.
Shares of pharma company Cipla rallied nearly 4 percent on July 25 after its US subsidiary acquired worldwide rights (excluding Greater China) of key anti-infective drug Zemdri.
Reliance Capital has fully repaid its outstanding commercial paper (CP) of Rs 75 crore on July 24, 2019. With the above repayment the CP outstanding stands at zero from the peak outstanding amount of approximately Rs 3,500 crore.
Bajaj Finance Q1 Profit Jumps 43% :- Bajaj Finance's June quarter (Q1) consolidated net profit missed analyst expectations due to higher provisions, rising 43 percent year-on-year to Rs 1,195 crore, the highest ever.
The crucial resistance for Nifty spot is now seen at 11400 and above this 11660 Support for the immediate term is now placed at 11140 next support will be 11020.
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