INDIAN BENCHMARKS: SENSEX ENDS ABOVE 213 POINTS, NIFTY ABOVE 9200, BANKS, IT LEAD
Benchmark indices closed higher for first time in last four trading sessions, with the Sensex gaining more than 200 points, backed by ITC, Infosys, ICICI Bank and HDFC.
The 30-share BSE Sensex was up 212.61 points at 29,788.35 and the 50-share NSE Nifty gained 55.55 points at 9,237.00.
About 1708 shares advanced against 1156 declining shares on the BSE. Liquor stocks were under pressure after the Madhya Pradesh Chief Minister said that liquor stocks will be closed in a phased manner.
HEADLINES OF THE DAY
Cadila gets USFDA nod for Duloxetine Hydrochloride.
REC plans to diversify from pure-play power sector.
CESC likely to announce business restructuring in May.
UPCOMING RESULTS:RDEL,INFY, DCB BANK.RELIANCE POWER, BAJAJ CORP
The crucial resistance for Nifty spot is now seen at 9300 and above this 9375.Support for the immediate term is now placed at 9160 and next support will be 9135.