On the daily charts, it formed a bearish candle and has been making lower highs and lower lows for the last six sessions. The index has support at 37,300 levels, while resistance is at 38,500 levels.
Four major IPOs to hit the market this week to garner Rs 6,600 crore
The IPO market is set to revive. Next week, Schloss Bangalore and Aegis Vopak Terminals, along with Prostar Info Systems and Scoda Tubes, will launch