INDIAN BENCHMARKS: SENSEX GAINS 295 POINTS, NIFTY ENDS ABOVE 10500
Benchmark indices recouped some of previous day's losses as the Sensex gained 294.71 points or 0.87 percent at 34,300.47 and the Nifty rose 84.80 points or 0.81 percent to 10,539.80.
About 2,006 shares advanced against 736 declining shares on the BSE.
NALCO, Oil India, Bata India, Sun TV Network, Marico and Amara Raja Batteries rallied 3-7 percent.
HEADLINES OF THE DAY
Cadila, Ajanta reports successful USFDA inspection
Sun Pharma gains as USFDA inspection starts at Halol
CG power bags order for power transformers from Indonesia.
The crucial resistance for Nifty spot is now seen at 10570 and above this 10660. Support for the immediate term is now placed at 10410 next support will be 10300.
RESULT TOMORROW: DLF, MOTHERSUMI, NMDC, APOLLOHOSP, BALKRISHNAIND, GRASIM, NCC, SUNPHARMA, NESTLE, TATAPOWER.
Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.