According to Indira Securities, for today's trade Nifty is likely to trade in a range between 6700-6740 in upper side and 6620-6580 in lower side.
The Nifty fell nearly 1 percent on Wednesday to its lowest close in nearly one-and-a-half months after the rupee's rise to a one-month high and UBS' downgrade of Infosys coupled with an overnight drop in US tech stocks induced selling across the IT sector.
The broader Nifty provisionally lost 0.93 percent to mark its lowest close since March 27, while the benchmark BSE Sensex closed down 0.82 percent at its lowest close since April 16. For today's trade market likely to trade in a range between 6700-6740 in upper side and 6620-6580 in lower side.
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