Nifty ends above 10,850, Sensex up 341 points; IT stocks led gainers. 25 Feb 2019

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Bulls took the control on the Dalal Street on Monday with the Nifty and Sensex finished nearly 1 percent higher.

The Sensex was up 341.90 points at 36213.38, while Nifty was up 88.40 points at 10,880.10. About 1515 shares have advanced, 1072 shares declined, and 147 shares are unchanged. 
TCS, Grasim Industries, Yes Bank, Infosys and UltraTech Cement were among top gainers on the Nifty, while losers were Adani Ports, Bharti Infratel, BPCL, HPCL and Zee Entertainment.
Among the sectors, except infra, energy and PSU banks all other sectoral indices ended in green led by IT index (up 2%) followed by auto, pharma, metal and FMCG.

HEADLINES OF THE DAY
Tata Elxsi collaborates with NOS: Tata Elxsi and NOS announce the launch of the Digital Operations Transformation Toolbox (DOTT 2.0) for communication and entertainment service providers
Adani Ports and Special Economic Zone shares fell more than 8 percent intraday after its subsidiary Adani Logistics is set to acquire Adani Agri Logistics (AALL) from Adani Enterprises.
Adani Enterprises shares rallied 2.7 percent intraday after a media report indicated that company won bids for five airports.


The crucial resistance for Nifty spot is now seen at 10960 and above this 11120 Support for the immediate term is now placed at 10760 next support will be 10640.


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