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Last hour surge help the benchmark indices to close near day's high level with Nifty finished above 11,250 level.
At close, the Sensex was 278.60 points at 37,393.48, while Nifty was up 100.10 points at 11,257.10. About 1155 shares have advanced, 1296 shares declined, and 149 shares are unchanged.
Zee Entertainment, BPCL, UltraTech Cement, IOC and Bajaj Finance were among major gainers on the Nifty, while losers were Yes Bank, Bharti Airtel, IndusInd Bank, Coal India and Cipla.
Except pharma, all other sectoral indices ended higher led by IT, metal, energy, bank, auto, FMCG and infra.
HEADLINES OF THE DAY
JSW Energy Q4: Consolidated net profit at Rs 3.9 crore versus Rs loss of Rs 483.1 crore, revenue up 8.4% at Rs 1,924 crore versus Rs 1,775 crore, YoY.
Hindalco reported a 17.9 percent YoY decline in net profit at Rs 506 crore, against Rs 616 crore in Q4FY18. The revenue of the Aditya Birla Group company is up 6.6 percent at Rs 12,455 crore, compared to Rs 11,687 crore in the year-ago period.
Media stocks are trading in the positive, up 1.08 percent on Nifty. Zee Entertainment is the biggest winner, trading 4.67 percent high, while Den Networks is the biggest loser, down 4.13 percent on Nifty.
RESULTS TO BE ANNOUNCED TOMORROW :- Arvind , Bajaj Auto , Balkrishna Ind , CESC , Dr Reddys Labs , UPL .
The crucial resistance for Nifty spot is now seen at 11400 and above this 11620 Support for the immediate term is now placed at 11080 next support will be 10900.
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