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Indian indices ended higher on the last trading day of the current financial year 2018-19 with Nifty finished above 11,600 level.
At close, the Sensex was up 127.19 points at 38,672.91, while Nifty was up 53.90 points at 11,623.90. About 1429 shares have advanced, 1185 shares declined, and 162 shares are unchanged.
Indiabulls Housing, HPCL, Vedanta, Grasim Industries and UPL were the top gainers on the Nifty, while losers were GAIL, IndusInd Bank, Eicher Motors, Bajaj Auto and Bharti Infratel.
Except PSU Bank, all other sectoral indices ended higher led by metal, which gained over 2 percent followed by pharma, auto, energy, infra, IT and FMCG.
HEADLINES OF THE DAY
Kalpataru Power bags order: The comapny has secured new orders / notification of award of Rs 588 crore.
Colgate Palmolive declares second interim dividend: The company declared second interim dividend of Rs 7 per equity share of Re 1 for the financial year 2018-19.
TVS Motor launches TVS Apache RTR 160 4V: TVS Motor Company launched the TVS Apache RTR 160 4V in Colombia.
Eicher Motors slips: Shares declined after Bank of America Merrill Lynch downgraded the stock and cut price target sharply citing dealer stress.
Minda Industries has redeemed commercial paper of Rs 30 crore issued on January 18, 2019 with maturity date of March 28, 2019.
The crucial resistance for Nifty spot is now seen at 10720 and above this 10920 Support for the immediate term is now placed at 10480 next support will be 10370.
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