Markets end lower on F&O expiry day. Benchmark share indices ended lower, amid a volatile trading session on Thursday, following the expiry of February futures and options series.
The markets traded in a narrow range in early trades but turned volatile later. The Sensex ended at 18,078, down 67 points and the 50-share Nifty ended lower 22 by points at 5,483 levels. On the sectoral front, realty, metal and auto stocks were amongst the worst hit in trades today.
Nifty Futures shut stop at 5483.30 down by -34.80 points or -0.63%. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5640 else below support level of 5470 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 5640 & above this level the next resistance is seen near the 5700 mark.
SUPPORT: It has first support close to the level of 5460 & below this level the next support is seen near 5390 mark.