INDIAN BENCHMARKS: SENSEX END DOWN 43 POINTS,NIFTY HOLDS 7800
LEVEL
The
domestic equity market seesawed between gains and losses amid aimless trading
throughout Tuesday. Lack of triggers and November series F&O expiry due on
Thursday meant investors shied away from initiating fresh positions on the
benchmarks.
The
S&P BSE Sensex ended with losses of 43 points, or 0.17 per cent, at 25,775
while the 50-stock barometer Nifty50 closed at 7,831, down 17 points, or 0.22
per cent. Maruti Suzuki and Bajaj Auto were the top losers on the BSE benchmark.
HEADLINES OF THE DAY
- Reliance Capital gains after Nippon Life increases stake
- HC approves Aditya Birla Chem merger with Grasim Inds
- Mankind Pharma launches diabetes drug 'Dynaglipt'
- Federal Bank trims base rate to 9.63% p.a.
The
crucial resistance for Nifty is now seen at 7880 and above this 7930. Support
for the immediate term is now placed at 7797 and next support will be 7725.
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