Equity Research lab Live Stock Market Updates: Nifty struggles below 9,800
Nifty has pared morning gains and is struggling below important level of 9,800. Immediate support for Nifty is placed at 9,700 and resistance at 9,800. Broader market indices are continued to see selling pressure.
Indiabulls Housing Finance is dragging down the BSE Mid-cap index and is trading at Rs 1,178.45 per share, down by 1.71%. Apollo Tyres is dragging BSE Small-cap index trading at Rs 259.45 per share, down by 3.28%.
At 11 AM, the S&P BSE Sensex is trading at 31,332 up 73 points, while Nifty is trading at 9,779 up 25 points. A total of 12 stocks registered a fresh 52-week high in trade today, while 41 stocks touched a new 52-week low on the NSE.