The market has ended higher with the Nifty above 8250. The Nifty closed up 83.30 points or 1 percent at 8273.80 while the Sensex ended up 245.11 points or 0.9 percent at 26878.24.
Adani Ports, Tata Motors, Tata Steel, Bharti Airtel and ONGC were top gainers while TCS, NTPC, HDFC Bank and Infosys were losers in the Sensex.
HEADLINES OF THE DAY
Engineers India approves allotment of 33.69 crore bonus equity shares.
Tata Motors JLR US Dec sales up 30% YoY.
Eicher Motors to introduce 750 cc motorcycle in April 2017.
The crucial resistance for Nifty spot is now seen at 8295 and above this 8360 Support for the immediate term is now placed at 8230 and next support will be 8136.
Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.