Closing Bell: Sensex ends at record high; Nifty manages to close
above 11,000
Market at Close :Equity benchmarks have ended the
session on a strong note, with the Sensex closing over 280 points higher, while
the Nifty managed to close above 11,000-mark. The Sensex is up 282.48
points or 0.78% at 36548.41, while the Nifty is up 68.50 points or 0.63% at
11016.80.
The market breadth is negative as 1151 shares
advanced, against a decline of 1475 shares, while 177 shares were unchanged.
Reliance Industries, Wipro and BPCL are the top
gainers, while Vedanta, Infosys and UPL have lost the most on both the indices.
HEADLINES OF THE DAY
Results to be announced tomorrow :- 3i
Infotech, Adinath Exim, Amal ,Bajaj Corp, Biopac India, California Soft, Dhruv
Estates, Infosys AND TGV Sraac.
Coal India share price rallied 2 percent ahead of likely
divestment by the government before August-end and after Edelweiss Securities
upgraded the stock to Buy from Hold.
The share price of oil-to-telecom major Reliance Industries was on
an upward journey for the fifth consecutive day on Thursday, which helped it
become the second company to hit $100 billion market capitalisation after TCS.
Shares of Alembic Pharmaceuticals gained 2.5 percent on the back
of tentative USFDA approval for Ticagrelor tablets, 90 mg.
Shares of MRO-TEK Realty surged 5 percent intraday Thursday as
company selected by BSNL.
Shares of Coffee Day Enterprises, the operator of Café Coffee Day,
gained around 3 percent in morning trade after its subsidiary tied up with Uber
Eats to distribute food products.
The crucial resistance for Nifty spot is now seen at 11100 and
above this 11240. Support for the immediate term is now placed at 10700 next
support will be 10640.
Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
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