INDIAN BENCHMARKS: SENSEX ENDS UP 341 POINTS NIFTY ABOVE 11000- 23 Jan 2018


After clocking fresh milestones, the market has closed at record highs. The Nifty managed to end above 11,000 for the first time ever.
The Sensex is up 341.97 points or 0.96% at 36139.98, while the Nifty is up 117.50 points or 1.07% at 11083.70. The market breadth, however, is narrow as 1374 shares advanced, 1541 shares declined, and 246 shares are unchanged.

State Bank of India, Tata Steel, Vedanta and Hindalco were the top gainers, while Wipro, Tata Motors, Ambuja Cements and Eicher Motors lost the most.

HEADLINES OF THE DAY
MCX gains 2% as SBI MF buys 1.6% stake in the company
Torrent Pharma to consider fund raising
IOCL gains as company's board to mull bonus share issue.

The crucial resistance for Nifty spot is now seen at 11160 and above this 11200.Support for the immediate term is now placed at 11000 next support will be 10890.

RESULT TOMORROW: BIOCON, CANBK, CONCOR, CAPF,IDEA, INDIGO, KPIT, L&T, M&M FIN, MOTILALOSWAL, PIDILITEIND, RAYMOND, VIJAYA BANK, MPHASIS

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