INDIAN BENCHMARKS: SENSEX UP 132 POINTS, NIFTY 50@ 8543 AHEAD US ELECTION OUTCOME
Buying in late trade helped the BSE Sensex gain 188 points intraday Tuesday, especially ahead of the outcome of the 2016 US presidential elections that will set the tone for global markets.
Equity benchmarks were range bound before gaining strength in last hour of trade.
The 30-share BSE Sensex rose 132.15 points to 27591.14 while the 50-share NSE Nifty was up 46.50 points at 8543.55 after hitting an intraday high of 8559.40.
HEADLINES OF THE DAY
Ashok Leyland Q2 revenues in-line with street estimates.
Tata Motors jumps on foreign brokerage upgrade.
BHEL delivers Q2 net profit marginally better.
The crucial resistance for Nifty spot is now seen at 8620 and above this 8670 Support for the immediate term is now placed at 8475 and next support will be 8400.
UPCOMING RESULTS: APOLLOTYRE, BOSCHLTD, CIPLA, DHAMPURSUGAR, EDELWEISS, GODREJPROP, INDIANBANK, JKTYRE, KAKATIYA, KESORAM, LUPIN, MAXINDIA, PIDILITEIND, RAMCOCEM, REC, UCOBANK, UJJIVAN, VIP, ZANDU REALITY, HIKAL, J&K BANK, KTKBANK, ORIENBANK, POWERGRID