The Indian markets ended in red, as the Reserve Bank of India raised rates and maintained a hawkish stance in the credit policy review. The S&P CNX Nifty closed at 5446.65, down -64.50 points or -1.17 %.
The Nifty futures closed in red and settled finally at 5479, down -44.85 points or -0.81 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5575 above this level it would be in a bullish trend else below 5475 it might be in a downward trend
RESISTANCE: 5530 & 5575.
SUPPORT: 5450 & 5375.
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