INDIAN BENCHMARKS ended with lower on weak Asian cues.
INDIAN BENCHMARKS ended lower for the second straight day, amid weak Asian cues, as investors booked profits in late trades ahead of the assembly election results due on Sunday.
Further, UCO bank has been an unlikely beneficiary of Western sanctions against Iran, handling billions of dollars from frozen oil payments that boosted its interest margins, but is now having to prepare itself for life after the windfall. Shares of tyre makers are continue at their upward march on the bourses even though the frontline stocks struggling for gain.
The crucial resistance for Nifty is now seen at 6185 and above this 6230. Support for the immediate term is now placed at 6170 and next support will be 6130.
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