Sensex ends 358 pts higher, Nifty above 11,050; IT, metal stks among major gainers.

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Benchmark indices ended at day's high with Nifty closing above 11,050 level.
The Sensex was up 358.42 points at 36975.23, while Nifty was up 128.10 points at 11,062.50. About 1032 shares have advanced, 1512 shares declined, and 144 shares are unchanged. 
Tech Mahindra, Cipla, Zee Entertainment, Grasim and Tata Steel are the top gainers on the Nifty, while losers include Adani Ports, IndusInd Bank, Dr Reddys Labs, Titan Company and NTPC.
All the sectoral indices ended in green led by metal and IT with 2 percent gain, followed by auto, energy, FMCG and Pharma.


HEADLINES OF THE DAY

JSW Steel Q3 result: Net profit down at Rs 1,624 crore, while revenue up at Rs 20318 crore.
Cipla Q3 result: Consolidated net profit fell 171% at Rs 332.2 crore versus Rs 400.5 crore, revenue up at Rs 4,077.5 crore versus Rs 3,914 crore, YoY.
Lupin Q3 result: The company has posted Q3FY19 consolidate net loss at Rs 151.7 crore which included one-time loss of Rs 342.2 crore.
Siemens Q3 net profit at Rs 228 crore, revenue at Rs 2,807 crore.


The crucial resistance for Nifty spot is now seen at 11140 and above this 11300 Support for the immediate term is now placed at 10960 next support will be 10820.


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