INDIAN BENCHMARKS: SENSEX NIFTY AT 10 MONTHS CLOSING HIGH
The
market has ended at fresh 10-month closing high. The Sensex was up 499.79
points or 1.8 percent at 27626.69, and the Nifty up 144.70 points or 1.7
percent at 8467.90. About 1713 shares have advanced, 1052 shares declined, and
182 shares are unchanged.
The
Nifty50 reclaimed its crucial resistance level of 8,400 for the first time in
the last 10 months, supported by gains in realty, power, oil & gas, capital
goods, and auto stocks.
Adani
Ports, Tata Motors, ICICI Bank, Maruti and SBI were top gainers.
HEADLINES OF THE DAY
Indusind
Bank Q1 earnings In-line with estimates.
Tata
Motors global sales rise 21% to 92,551 units in June.
PNB
surges as RBI lifts restrictions.
The
crucial resistance for Nifty spot is now seen at 8530 and above this 8621.
Support for the immediate term is now placed at 8356 and next support will be
8290.
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