Benchmark indices continued to trade higher for second consecutive session, with the Sensex rising 107.98 points to 33,174.39, tracking positive move in global equities.
The Nifty rose 51.30 points to 10,182 while the Nifty Midcap index outperformed front liners, gaining 1.3 percent. More than two shares advanced for every share falling on the BSE.
PNB Housing Finance, GIC Housing Finance, MAS Financial, Satin Creditcare, M&M Financial, Bajaj Finserv, Punj Lloyd, Union Bank, IDBI Bank, JSPL, Adani Power and NIIT rallied up to 10 percent.
HEADLINES OF THE DAY
M&M strengthens presence in Sri Lanka by establishing JV with ideal Group
Steel Strips Wheels bags EU export order for 7,500 steel wheels
Bandhan Bank makes a strong debut; Lists at 33% premium over issue pric.
The crucial resistance for Nifty spot is now seen at 10190 and above this 10270. Support for the immediate term is now placed at 9950 next support will be 9880.
Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
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