INDIAN BENCHMARKS: SENSEX ENDS UP 161 POINTS AHEAD OF CPI AND IIP DATA
Benchmark indices ended higher for the sixth consecutive session, with the Sensex rising 160.69 points to 34,101.13 and the Nifty gaining 41.50 points at 10,458.70 ahead of macro data due later in the day and Infosys earnings tomorrow.
Metals, PSU banks, realty and pharma stocks were under pressure while IT stocks outperformed throughout the session.
Jaiprakash Associates, Balrampur Chini, Triveni Engineering, Dwarikesh Sugar, SAIL, IRB Infrastructure, OBC, Union Bank, Andhra Bank, Bank of India, Indraprastha Gas, Gujarat Gas, Bata India, Adani Enterprises, Rain Industries and Goa Carbon fell up to 6 percent.
HEADLINES OF THE DAY
Tata Motors group's global wholesales rise 18% yoy in March 2018
L&T and BEL sign MoU for defence products and systems
Dish TV promoters make open offer to buy 50cr shares at Rs74/share
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: BHANSALI ENG, INFOSYS, DCB BANK, GRUH
Benchmark indices ended higher for the sixth consecutive session, with the Sensex rising 160.69 points to 34,101.13 and the Nifty gaining 41.50 points at 10,458.70 ahead of macro data due later in the day and Infosys earnings tomorrow.
Metals, PSU banks, realty and pharma stocks were under pressure while IT stocks outperformed throughout the session.
Jaiprakash Associates, Balrampur Chini, Triveni Engineering, Dwarikesh Sugar, SAIL, IRB Infrastructure, OBC, Union Bank, Andhra Bank, Bank of India, Indraprastha Gas, Gujarat Gas, Bata India, Adani Enterprises, Rain Industries and Goa Carbon fell up to 6 percent.
HEADLINES OF THE DAY
Tata Motors group's global wholesales rise 18% yoy in March 2018
L&T and BEL sign MoU for defence products and systems
Dish TV promoters make open offer to buy 50cr shares at Rs74/share
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: BHANSALI ENG, INFOSYS, DCB BANK, GRUH
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