The markets traded in a range today ahead of F&O expiry on Thursday.
Indian markets today fell for the sixth day on the trot. The Sensex finally
closed 50 points lower at 28112 and the Nifty shut shop at 8530, down 12
points. Caution ahead of the expiry of March month Futures and Options
contracts tomorrow and portfolio churning in the view of fiscal year ending
next week weighed. A better trend in other Asian markets and higher opening in
Europe also failed to buoy sentiments here. Nifty slipped below its important
psychological level of 8550. Nifty opened at 8568 made a high of 8573 and low
of 8516 total 57 points was moved by nifty throughout the day.
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RESISTANCE: 8580, 8620, 8660
SUPPORT: 8540, 8500, 8460
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