Some selling pressure in the final hour of trade took the indices lower and made them close flat on the first day of November series.The Sensex closed down 1.32 points at 33145.81, while the Nifty ended lower by 23.50 points at 10320.30. The market breadth was narrow as 1,312 shares advanced against a decline of 1,293 shares, while 135 shares were unchanged.
Midcaps ended flat, but the major drags were banks, OMCs and metals.
Adani Ports, Sun Pharma and Bajaj Finance gained the most on both indices, while Bharti Airtel, SBI and Yes Bank were the top losers.
HEADLINES OF THE DAY
Cipla’s US subsidiary receives final approval for generic Renvela Tablets
Indian Oil Corporation Q2FY18 standalone net profit rises 18.4% yoy to Rs.3, 696 crore: Mixed Estimates
ITC Q2FY18 standalone net profit rises 5.6% yoy to Rs.2, 639.8 crore:
The crucial resistance for Nifty spot is now seen at 10360 and above this 10521.Support for the immediate term is now placed at 10220 and next support will be 10140.
UPCOMING RESULTS: BHARATFIN, ONGC, HDFC, IDFC, KAJARIA, LICHSGFIN, MARICO, TATASTEEL, WOCKPHARMA, UPL, LUPIN
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