What a comeback for the bulls of days of relentless correction. Sharp recovery among financials, along with automobiles, metals, pharmaceuticals and IT names ensured that benchmarks ended the day at high points of the day.
The Sensex ended over 350 points higher, while
the Nifty ended above 11,000-mark as well.
Among sectors, energy and infrastructure names were the only big losers, while all other indices closed in the green. In the broader markets,
the Nifty Midcap ended quarter of a percent higher as well.
At the close of market hours,
the Sensex ended higher by 347.04 points or 0.96% at 36652.06, while
the Nifty is up 100.10 points or 0.91% at 11067.50. The market breadth is negative as 1,074 shares advanced, against a decline of 1,553 shares declined, while 184 shares were unchanged.
HEADLINES OF THE DAYDHFL erases morning gains to plunge 27% amid liquidity fears.
NBFCs down up to 50% in September.
Indian rupee trades flat at 72.60 per dollar.
The crucial resistance for
Nifty spot is now seen at 11180 and above this 11320 Support for the immediate term is now placed at 10900 next support will be 10720.
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