During the day, the index hit a high and low of 29,370.53 and 26,714.46, respectively. Reliance Industries (RIL), ICICI Bank, Axis Bank, and Bajaj Finance contributed the most to the index’s fall while FMCG major ITC, HDFC Bank, and Infosys gave the muchneeded support. NSE’s Nifty ended at 8,263, down 205 points or 2.42 per cent with 40 out of 50 constituents declining and 10 advancing. Volatility index India VIX advanced around 13 per cent to 71.95 levels. Among sectoral indices on the NSE, Nifty Auto cracked the most – down around 6 per cent to 5,195 points, followed by Nifty Metal and Nifty Media indices.

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Nifty50 closed lower at 8263.45 level, -205.35 points, or -2.45 per cent. Nifty Support : 8100 and 7900 Resistance : 8350 and 8500.