Closing Bell: Sensex ends over 140 pts higher, Nifty manages to
hold 11K; midcaps outperform
After trading the greater part of day in the
green, benchmark indices have managed to hold the positive terrain and end the
week higher.
The Sensex has closed over 100 points higher,
while the Nifty is well above 11,000-mark.
The Sensex is up 145.14 points or 0.40% at
36496.37, while the Nifty is up 53.10 points or 0.48% at 11010.20.
The market breadth is negative as 1,146 shares
advanced, against a decline of 1,396 shares, while 154 shares are unchanged.
Friday’s gains were largely led by buying in the
midcap space, while sectoral indices such as IT, pharma, infra, banks and
energy boosted the upmove.
Metals and auto were the top losers among other
sectors. Among stocks, Infosys, Sun Pharma, Bajaj Finserv and Baja Finance have
been the top gainers, while Bajaj Auto, Vedanta, and HPCL lost the most.
HEADLINES OF THE DAY
Results to be announced tomorrow :- HDFC
Bank, Reliance Naval, Reliance Power, South Ind Bk, VST, Seshasayee Pape,
Rajratan Global, Choksi Imaging, Deltron.
HDFC Life Insurance Q1 net profit rises 20.2% YoY to Rs 380 crore
Ceat reports sharp rise in Q1 net profit to Rs 72 crore; stock
soars 10%
Shares of Bajaj Auto lost around 8 percent on Friday afternoon as
investors turned wary of its results that the company declared.
The crucial resistance for Nifty spot is now seen at 11060 and
above this 11185. Support for the immediate term is now placed at 10910 next
support will be 10800.
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