INDIAN BENCHMARKS: SENSEX NIFTY ENDS FLAT
Equity benchmarks ended the day on a positive note, after having a subdued session through the day. The midcap index was within a percent of lifetime high.
The Sensex was up 17.47 points at 29336.57, while the Nifty was down 1.65 points at 9103.50. The market breadth was positive, but narrow, as 1,615 shares advanced against a decline of 1,223 shares, while 181 shares are unchanged.
Adani Ports, BHEL, Power Grid and Bharti Infratel were the top gainers on both indices, while State Bank of India (SBI), Hero MotoCorp and Aurobindo Pharma lost the most.
HEADLINES OF THE DAY
IndusInd Bank Q4 in-line with estimates; Asset Quality stable.
Jain Irrigation acquires 80% stake in 2 US companies.
Dalmia Bharat gets notice for step down subsidiary Calcom Cement.
UPCOMING RESULTS: CRISIL, CYIENT, MINDTREE, HINDZINC, MASTEK
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.