Bulls make a comeback! Sensex up over 460 points, Nifty just short of 10,900.

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Its a strong close for the market, with the Nifty ending just short of 10,900. 
All sectoral indices ended in the green, with maximum gains visible among IT and energy names, while metals and banks, too, closed with sharp gains. 
At the close of market hours, the Sensex was up 464.77 points or 1.30% at 36318.33, while the Nifty was higher by 149.20 points or 1.39% at 10886.80. The market breadth was positive as 1548 shares advanced, against a decline of 996 shares, while 166 shares were unchanged.
Yes Bank, Infosys, and Wipro were the top gainers, while Maruti Suzuki, Power Grid, and ICICI Bank lost the most.


HEADLINES OF THE DAY

Trident's Q3 earnings: Net profit was up 53.6 percent at Rs 112.1 crore against Rs 73 crore. Revenue rose 18 percent at Rs 1,291 crore against Rs 1,094 crore, YoY.
Network 18 Media & Investments Q3 results: Company's consolidated operating revenue was up 20 percent at Rs 1,524 crore against Rs 1,267 crore. Operating EBITDA was up 18 percent at Rs 88 crore against Rs 75 crore, YoY.
Foseco India to consider voluntary delisting: Share price of Foseco India locked at 20 percent upper circuit on Tuesday as company board is going to consider voluntary delisting of the shares from the Bombay Stock Exchange (BSE).
Hind Media Ventures Q3 result: Net profit was down 25.4 percent at Rs 29.2 crore versus Rs 39.1 crore. Revenue was down 4.2 percent at Rs 220.6 crore against Rs 230.2 crore, YoY.
R Systems International Board Approved buyback of up to 36.9 lakh shares at Rs 65 per share via tender route.


The crucial resistance for Nifty spot is now seen at 10920 and above this 11030 Support for the immediate term is now placed at 10770 next support will be 10620.

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