INDIAN BENCHMARKS Closes flat amid volatility.
INDIAN BENCHMARKS closed flat negative, as software services exporters such as Infosys were hit by a strengthening rupee, while broader sentiment remained weak due to recent selling by foreign investors. Infosys Ltd fell 0.7 percent; Wipro Ltd lost 1.1 percent, while Tata Consultancy Services Ltd also ended 0.4 percent lower.
Further , Maruti Suzuki India Ltd ended 0.2 percent lower after the company said it will recall 1,492 vehicles. Wockhardt Ltd slumped 8.3 percent after the U.S. Food and Drug Administration imposed an "import alert", effectively a ban, on a domestic plant operated by the Indian generic drug maker
The crucial resistance for Nifty is now seen at 6125 and above this 6215. Support for the immediate term is now placed at 6030 and next support will be 5970.
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