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Bulls took control on Dalal Street and pushed the Nifty above 11,550 on the March expiry day.
The Sensex was up 412.84 points at 38,545.72, while Nifty is up 136.50 points at 11,581.50. About 1633 shares have advanced, 979 shares declined, and 165 shares are unchanged.
Indiabulls Housing, Zee Entertainment, HCL Tech, Adani Ports and SBI were the top gainers on the Nifty, while losers include ONGC, Tata Steel, Hindalco Industries, Dr Reddy Labs and Bajaj Auto.
Except metal all other sectoral indices ended in green led by PSU bank, IT, infra, FMCG, auto, energy and pharma.
HEADLINES OF THE DAY
Ruby Mills workers called off illegal strike: After discussion with the workers and convincing them about the illegality of the strike, the workers of the Processing Plant of the company at Kharsundi have agreed to withdraw the strike and have called off their illegal strike today i.e. 28th March, 2019 and normal operations of the plant have resumed since the first shift.
S&P lowers eurozone GDP growth forecast for 2019 to 1.1 percent and expects GDP growth to rebound to 1.4 percent in 2020 and 2021, reported CNBC-TV18.
The Indian rupee is trading marginally lower at 68.93 per dollar on Thursday versus previous close 68.87.
Infosys said it will acquire 75 percent stake in Stater N.V., a wholly owned subsidiary of ABN AMRO Bank N.V., that offers pure-play, end-to-end mortgage administration services in the Netherlands, Belgium and Germany. ABN AMRO will continue to hold the remaining 25 percent of the shareholding.
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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