Equity benchmark indices ended the session on a very strong note, with the Sensex ending 320 points higher and the Nifty ended just a tad below 9900.
The Sensex ended up 321.86 points at 31770.89, while the Nifty ended higher by 103.15 points at 9897.30. The market breadth was positive, but a tad narrow as 1,638 shares advanced against a decline of 946 shares, while 118 shares were unchanged.
Cipla, Tata Motors and Tech Mahindra gained the most on both indices, while NTPC, Asian Paints and Power Grid were the top losers.
HEADLINES OF THE DAY
Aurobindo Pharma in race with Intas Pharma.
Adani Group faces financial fraud claims.
Granules up after USFDA issues EIR for Gagillapur plant.
The crucial resistance for Nifty spot is now seen at 9928 and above this 9990.Support for the immediate term is now placed at 9850 and next support will be 9790.
Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
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