Benchmark
indices closed higher following positive global cues and the correction in
crude oil prices.
The
30-share BSE Sensex was up 190.66 points at 35,160.36 and the 50-share NSE
Nifty gained 47.10 points at 10,739.40
About
1,397 shares advanced against 1,262 declining shares on the BSE.
Nifty
Midcap was up 0.8 percent.
Repco
Home Finance, DHFL, Marico, Vijaya Bank, Mishra Dhatu, Balrampur Chini, Dhampur
Sugar, CG Power, Indiabulls Real Estate, Indiabulls Ventures, Bombay Dyeing and
Jet Airways gained up to 8 percent.
Can Fin
Homes, InterGlobe Aviation, PC Jeweller, Minda Corporation, UPL, IDBI Bank and
HDIL fell up to 19 percent..
The
market has been holding early gains due to buying in HDFC (up 1.5 percent),
HDFC Bank (0.83 percent), TCS (1.5 percent), Infosys (1 percent) and ITC (0.89
percent).
HEADLINES OF THE DAY
DLF plans to raise over
Rs4, 000cr through QIP in June
PC Jeweller stock gains
5%; board to consider share buyback on May 25
Alkem gets USFDA approval
for Rabeprazole Sodium tablet
The crucial resistance for
Nifty spot is now seen at 10790 and above this 10920. Support for the immediate
term is now placed at 10635 next support will be 10520.
UPCOMING RESULTS: DABUR,INDIA
GLYCOL,AJANTAPHARM,CENTURYTEX,HCLTECH,HEROMOTO,INDIGO,JMFINANCIAL,MARICO,SIEMENS,TATAPOWER,WELSPUNCORP
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