Nifty closes below 11,600, Sensex falls 353 pts; Tata Motors gains 4%.

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Benchmark indices ended near day's low on April 10 with Nifty finished below 11,600 level.
At close, the Sensex was down 353.87 points at 38585.35, and the Nifty was down 88.40 points at 11,583.60. About 1134 shares have advanced, 1369 shares declined, and 173 shares are unchanged. 
Bharti Airtel, Asian Paints, Hindalco Industries, TCS and UPL were the top losers, while Tata Motors, Wipro, Cipla, HUL and Adani Ports were among major gainers on the Nifty.
Except auto and pharma, all other sectoral indices ended in red led by bank, metal, IT, infra, energy and FMCG.
HEADLINES OF THE DAY
Shares of DLF toppled nearly 4 percent after the investment arm of the Singapore government sold its stake in the company worth Rs 1,300 crore through an open market transaction on April 8.
RSWM to sell stake in Bhilwara Energy: The company decided to sell 1,69,38,599 equity shares of Rs 10 each held in Bhilwara Energy an associate company of RSWM at a cash consideration of Rs 84.85 crores to HEG Limited on the basis of valuation of fair price per share on arm's length basis.
Tata Motors' group global wholesales declines: The Tata Motors Group global wholesales in March 2019, including Jaguar Land Rover, were at 1,45,459 nos., lower by 5 percent, as compared to March 2018. 
Jet Airways gains 2% after Naresh Goyal offers to pledge rest of his shares
Pharma major Lupin has announced the launch of Fluoxetine Tablets USP, 60mg, having received an approval from the United States Food and Drug Administration (FDA) earlier.
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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