Live NIfty Market News and Trends

The market remained under pressure, though it showed some bit of recovery in morning trade. The 30-share BSE Sensex fell 348.88 points or 1.26 percent to 27258.94 and the Nifty dropped 106.20 points or 1.27 percent to 8266.55, the lowest level in last two-month.
Shares of ICICI Bank, HDFC, Larsen & Toubro, SBI, Tata Motors, ITC, Axis Bank, Reliance Industries and Bharti Airtel were the biggest contributors to Sensex's fall, down 1-4 percent. Nifty Support & Resistance Level

NIFTY TREND: BEARISH

NIFTY SPOT LEVELS

SUPP 1: 8260

SUPP 2: 8185

RES 1: 8385

RES 2: 8460

Indian Rupee Update

The Indian rupee continued its downtrend on Friday, hitting a fresh two-year low.

The currency has opened at 65.73 per dollar, down 19 paise compared to previous day’s closing value of 65.54 per dollar.

The range for rupee is seen between 65-66/dollar today.

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