Sensex ends 138 pts higher, Nifty near 11,700; Tata Motors gains 7%.



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Benchmark indices ended higher but off day's high on Monday with Nifty finished below 11,700 level.
At close, the Sensex was up 138.73 points at 38905.84, while Nifty was up 46.90 points at 11,690.40. About 1454 shares have advanced, 1129 shares declined, and 184 shares are unchanged. 
Tata Motors, TCS, Coal India, Tata Steel and Kotak Mahindra Bank were among major gainers on the Nifty, while losers were Infosys, Bharti Infratel, Sun Pharma, IOC and Yes Bank.
Among the sectors, metal space led the gainers as it ended 2 percent higher followed by auto, IT, infra and bank, while energy and pharma ended with marginal loss.
HEADLINES OF THE DAY
Nifty Pharma is trading about 0.5 percent lower. 
March WPI inflation stands at 3.18 percent.
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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