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Nifty forms a Gravestone Doji candle; analysts see crucial support at 15,635
Sensex and Nifty50 gave up intraday gains to snap a two-day winning run. Selling pressure was seen in automobile, IT and PSU bank shares weighed on Dalal Street. Buying interest was witnessed in private bank scrips limited the downside. Tata Motors was the worst hit among blue-chip stocks, ending 8% lower. Tech Mahindra, CIL, TCS, M&M, Maruti Suzuki and Infosys were among other losers. UltraTech was the top gainer in the Nifty50 universe, up 3%. Shree Cement, HDFC Bank, Bajaj Finance, SBI Life, Bajaj Finserv and Kotak Mahindra Bank. Fear gauge VIX ended 1.7% higher at 12.28.