INDIAN BENCHMARKS: SENSEX SOARS 521 POINTS, NIFTY ENDS AT 8678
The market had a stellar day with both benchmark indices gaining 1.8 percent from previous close. The Sensex was up 520.91 points or 1.9 percent at 28050.88 and the Nifty gained 157.50 points or 1.8 percent at 8677.90.
About 1884 shares advanced, 949 shares declined, and 206 shares were unchanged.Adani Ports, ICICI Bank, HDFC, Tata Steel and BHEL were top gainers while ONGC and Asian Paints were losers in the Sensex.
HEADLINES OF THE DAY
Cabinet likely to clear stake sale in close to 20 PSUs.
ICICI Bank may see reduction in watch list loans portfolio
Ashok Leyland launches Circuit – electric bus in India.
The crucial resistance for Nifty spot is now seen at 8705 and above this 8770 Support for the immediate term is now placed at 8630 and next support will be 8550.
UPCOMING RESULTS: HINDZINC, KPIT, TATACOFFE, NIIT, BAYERCROP.