The markets closed with moderate gains today and barring auto, all sectoral indices closed positive. The Sensex closed at 17273 (provisional), up 88 points from its previous close, and the Nifty closed at 5242 (provisional), up 26 points.
MARUTI STOCK UPDATES -
The victim of the clashes at Maruti's Manesar plant has been identified as the General Manager (HR), Avnish Kumar Dev. Dev was killed in a fire and 85 others were injured in a scuffle at Maruti's Manesar plant on Wednesday. As the unrest continued on Thursday, the police arrested nearly 100 workers.
If the plant is closed for a day, it costs Maruti Suzuki Rs 73 crore in revenue and Rs 8 crore in operating profit. If it closes for two weeks, the sales loss could be Rs 1,100 crore and operating loss of Rs 121 crore.
NIFTY LEVELS || NIFTY SUPPORT AND RESISTANCE -
Support1 = 5243 | Resistance1 = 5269 |
Support2 = 5229 | Resistance2 = 5281 |
Support3 = 5217 | Resistance3 = 5295 |
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