Key equity indices declined on Tuesday, as investors locked profits after seven-day rising streak. Sensex ended 53.73 points or 0.13% at 40248.23 in the red, and the Nifty closed 24.10 points lower at 11917.20. About 996 shares have advanced, 1448 shares declined, and 178 shares are unchanged. Bajaj Finance, YES Bank and Bharti Airtel are the top gainers while Zee Entertainment and IndusInd Bank dragged.
Global Markets
Samsung Electronics will shut down a CPU research division at one of its U.S. facilities, a move that dimmed prospects for the tech giant’s Exynos-branded mobile chips. European shares fell slightly a day after hitting their highest levels since 2015, with a sales warning from Danish jewelry maker Pandora and a glum forecast from wind energy company Siemens Gamesa weighing on the benchmark index.European STOXX 600 index fell 0.03%.
Nifty Chart
Nifty Index closed 24.10 points lower at 11917.20 on 05.11.2019. We recommend Sell near 11920-11940 with strict stoploss above 11960 for target 11860 and 11820 in Intraday. Nifty Support : 11860-11820, Resistance : 11950-11980.
