ECONOMY ANALYSIS
Axis Bank up 2% on better-than-expected Q2; net up 21%
To be disciplined in bidding, aiming 26-28% margin: TCS
Eyeing market share gain with new Discover: Rajiv Bajaj
Cyclone, flood toll hits 36; Odisha seeks Rs 1,523cr in aid
Indian frims most transparent in BRICS, Tata tops list’
No hike in visa costs, INR fall led to strong Q2: Mindtree
MARKET ANALYSIS
The Nifty extended intraday losses and closed below 6,050 level taking cues from weak European markets and as bulls took a breather after last week rally.
The 50-share index ended at 6045.85, down 43.20 points or 0.71 per cent. The index touched intraday high of 6,110.75 and a low of 6,032.55.
The foreign institutional investors bought shares worth Rs 1,136.23 crore while domestic institutional investors were net sellers worth Rs 1,035.34 crore on Tuesday as per the provisional data from the National Stock Exchange.
DAILY PIVOTS
INDEX S1 S2 PP R1 R2
NIFTY 6010 5982 6060 6090 6140
BANK NIFTY 10268 10200 10342 10410 10484
NIFTY 6010 5982 6060 6090 6140
BANK NIFTY 10268 10200 10342 10410 10484
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