INDIAN BENCHMARKS: NIFTY ENDS AT RECORD CLOSING HIGH, SENSEX ENDS UP 150 POINTS

Benchmark indices began the week on a strong note, with the Nifty ending at record closing high of over 10,150-mark.

The Sensex was up 151.15 points at 32423.76, while the Nifty was up 67.70 points at 10153.10. The market breadth was positive as 1515 shares advanced against a decline of 1109 shares, while 165 shares were unchanged.

Midcaps outperformed frontline indices, while all other sectoral indices ended in the green, barring PSU Banks.

Bajaj Auto, Hindustan Unilever and Bharti Infratel were the top gainers on both indices, while ONGC and Tata Steel lost the most.

HEADLINES OF THE DAY

ICICI Lombard IPO subscribed by 39%.

M&M and Ford to explore strategic cooperation.

SEBI board to take action against suspected shell companies.

The crucial resistance for Nifty spot is now seen at 10230 and above this 10300. Support for the immediate term is now placed at 10125 and next support will be 10060.

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