- Sensex falls to 2-week low on profit-booking in ICICI Bank, HDFC Bank, Reliance Industries sharesSensex slumps to 3-wk low at close, Nifty under 6,000 as Tata Motors, Bharti Airtel, ICICI Bank shares tankStock market update: Sensex, Nifty up as Tata Motors, ICICI Bank shares gainSensex declines 91 points, ITC falls 1.58%
pc), Bajaj Auto (1.49 pc) and Cipla (1.18 pc).
Commenting on Nifty, Shubham Agarwal, Associate VP & Senior Technical Equities Analyst, Motilal Oswal Securities said: "Over the near term, support for the Nifty should emerge at the level of 5940 followed by 5825. Any advances could see resistance emerging at the zone of 6050-6070."
Among the sectoral indices, the BSE-CD fell by 1.57 per cent, followed by BSE-FMCG (1.03 pc), BSE-Power (0.75 pc), BSE-Metal (0.74 pc), BSE-Oil&Gas (0.65 pc) and BSE-Bankex (0.61 pc). BSE-HC was the lone gainer as it moved up by 0.86 per cent.
The market breadth continued to remain negative with 1,417 stocks losing ground, while 819 finished with gains.
The total turnover firmed up to Rs 2,452.60 crore from Rs 2,020.25 crore yesterday.
Foreign Institutional Investors (FIIs) continued their buying spree by investing net Rs 856.94 crore yesterday as per provisional data from the stock exchanges.