INDIAN BENCHMARKS: SENSEX ENDS UP 113 POINTS NIFTY ABOVE 10500
Benchmark indices closed in the green for the eighth consecutive session, with the Sensex rising 112.78 points to 34,305.43 and the Nifty gaining 47.80 points at 10,528.40. Cipla, Grasim Industries and UPL rallied up to 5 percent.
Tata Motors was down nearly 5 percent. Infosys ended with a loss of 3 percent after lowering EBIT margin guidance for FY19.
Wipro, SBI, Tech Mahindra and Bharti Airtel were under pressure.
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The crucial resistance for Nifty spot is now seen at 10540 and above this 10630. Support for the immediate term is now placed at 10350 next support will be 10200.
UPCOMING RESULTS: TATASPONGE, CRISIL, MUTHTFN, SCHAEFFLER, ORCHIDPHAR