Today Nifty Market News & Update

The S&P BSE Sensex recouped losses and was trading flat after it slipped over 100 points in trade on Thursday, led by losses in TCS, Infosys, ICICI Bank, Tata Motors and L&T.
The 50-share Nifty index also came under pressure, but was testing its crucial psychological level of 8,500 levels, supported by gains in Pharma, consumer durable, and oil & gas stocks.

Nifty Support & Resistance Level

NIFTY TREND: CONSOLIDATE

NIFTY SPOT LEVELS

SUPP 1: 8410

SUPP 2: 8335

RES 1: 8545

RES 2: 8610

Nifty above 8450, Sensex flat; Lupin, Sun Pharma gain 3-4%

The Sesnsex and Nifty were under pressure in early trade Thursday.

The Sensex is down 88.21 points at 27843.43, and the Nifty down 29.70 points at 8465.45. About 352 shares have advanced, 445 shares declined, and 44 shares are unchanged.

Sun Pharma, Lupin, Bharti Airtel, Dr Reddys's Lab, Cipla, BPCL, Tech Mahindra are the top gainers, while Hero Motocorp, Tata Steel, TCS, NMDC are top losers.

Indian Rupee Update

Indian rupee gained in the early trade. It has opened higher by 10 paise at 65.17 per dollar against previous close of 65.27.

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