INDIAN BENCHMARKS: SENSEX NIFTY ENDS AT 2 MONTH CLOSING HIGH
Benchmark indices ended at over two-month closing highs as Indian market outperformed Asian peers. The Sensex was up 50.11 points or 0.2 percent at 27288.17, and the Nifty up 12.45 points or 0.1 percent at 8412.80.
About 1529 shares advanced, 1245 shares declined, and 316 shares were unchanged.
Tata Steel, Tata Motors, Adani Ports, SBI and Hero MotoCorp are gainers while Infosys, ONGC, Reliance, Sun Pharma and GAIL are losers in the Sensex.
HEADLINES OF THE DAY
LIC Housing Q3 net profit up 19% (YoY).
DHFL Q3 net profit up 32% (YoY).
Reliance plans to invest Rs30, 000 crore into Reliance Jio.
UPCOMING RESULT: NIIT TECH, HAVELLS, CANFIN HOMES, DELTA CORP
The crucial resistance for Nifty spot is now seen at 8430 and above this 8475 Support for the immediate term is now placed at 8320 and next support will be 8275.