𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐈𝐜𝐨𝐧- Closing 𝐁𝐞𝐥𝐥 𝐅𝐨𝐫 𝐓𝐡𝐞 𝐃𝐚𝐭𝐞 𝟎7 𝐀𝐮𝐠𝐮𝐬𝐭


The Sensex was down 286.35 points at 36,690.50, while Nifty was down 92.80 points at 10,855.50.


Nifty has broken strong support levels of 11,000 and continues to remain under pressure. With the dollar weakening and global markets being under pressure expect volatility to remain high. On the downside support is seen at 10,600/10,830.
Expect consolidation in the near term before market decides its further course of action. IT and select consumption stocks trade with a positive bias while Metal and PSU Banking remain under significant pressure.
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