Benchmark indices ended the day on a negative note, with the Nifty snapping 9150-mark it had achieved intraday.The Sensex was down 57.09 points at 29365.30, while the Nifty was down 17.00 points at 9119.40. The market breadth was very narrow as 1,444 shares advanced against a decline of 1,420 shares, while 154 shares were unchanged.
Sun Pharma, Adani Ports and Bank of Baroda were the top losers, while HDFC Bank, Bharti Infratel and Reliance gained the most.
The Bank Nifty was up nearly 0.30 percent, driven by a rally in HDFC Bank on the back of stellar results.
HEADLINES OF THE DAY
HDFC Bank Q4 in line quarter, impressive growth in loans books.
Sun Pharma drops as USFDA finds incomplete lab records at Dadra unit.
IDFC Bank, RBL Bank join race to buy Bharat Financial Inclusion.
UPCOMING RESULTS: ULTRATECH, JSWHOLDING, INDIANBANK, PERSISTENT, RELIANCE, RALLIES, IBULHSGFIN, HEXAWARE, MAHINDRA LIFE
The crucial resistance for Nifty spot is now seen at 9205 and above this 9251.Support for the immediate term is now placed at 9100 and next support will be 9025.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
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