Bears continued to be in the driver’s seat on Friday as markets witnessed another bout of across-the-board sell-off following rout in global markets, owing to business disruptions due to COVID 19 (Coronavirus). Further, YES Bank crisis was another major factor that dragged the markets lower. The S&P BSE Sensex tanked 894 points or 2.32 per cent to settle the day at 37,577. During the day, the index hit a low of 37,011 levels. Bajaj Auto emerged as the biggest gainer on the index while Tata Steel (down over 6.5 per cent) was the top loser.
On NSE, the broader Nifty50 index ended at 10,989, down 279.5 points or 2.48 per cent. On a weekly basis, Sensex dropped 1.8 per cent while Nifty lost 1.89 per cent.

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Nifty50 closed lower at 10989.45   level, -279.55  points, or  -2.48  per cent. Nifty Support : 10800 and 10700  Resistance : 11040 and 11100. We do not recommend to enter the Market now, stay away from the market. Market can break 10000 level soon.