Nifty ends above 11,150, Sensex gains 382 pts; metal stocks outperform.

capitalstars financial research pvt. ltd.

Indices ended on strong note on Monday as bulls took charge of the Dalal Street with Sensex closed above 37,000, while Nifty finished above 11,150 mark.
The Sensex was up 382.67 points at 37054.10, while Nifty was up 132.60 points at 11168. About 1735 shares have advanced, 911 shares declined, and 163 shares are unchanged.
Bharti Airtel, HPCL, BPCL, Eicher Motors and Bharti Infratel were the top gainers on the Nifty, while losers include NTPC, Zee Entertainment, TCS, Tech Mahindra and HCL Tech.
Except IT index, all other sectoral indices ended in green led by auto, energy, infra, metal, PSU bank, pharma and FMCG.
HEADLINES OF THE DAY
NBCC secures new orders.
Indian Metals & Ferro Alloys has entered into a Joint Development Agreement with Adventz Finance.
RITES declares dividend
The crucial resistance for Nifty spot is now seen at 11120 and above this 11300 Support for the immediate term is now placed at 10920 next support will be 10700.

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