Closing Bell: Nifty ends around 11,850, Sensex up 157 points; metal stocks gain

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Indian indices ended higher for the second consecutive session on June 26 with Nifty ended around 11,850.
At close, Sensex was up 157.14 points at 39,592.08, while Nifty was up 51 points at 11,847.50. About 1418 shares have advanced, 1051 shares declined, and 170 shares are unchanged.
Vedanta, JSW Steel, Power Grid Corp, Sun Pharma and Hindalco Industries were among major gainers on the Nifty, while losers were Britannia Industries, Indiabulls Housing, Infosys, IndusInd Bank and Bharti Airtel.

HEADLINES OF THE DAY
Britannia clarifies on false speculations over Varun Berry resignation
Shares of Britannia slipped 2% on the NSE and are among top losers in the Nifty50 index. The company said in the filing that there have been false speculations over the last few days on Varun Berry resignation from the Company.
DHFL deal with Prudential expected to be completed shortly
TVS Motor declines after rating downgrade
Reliance Infrastructure wins Rs7,000cr Versova-Bandra sea link project
Persistent Systems acquires youperience
Persistent Systems announced the acquisition of European Salesforce consulting partner youperience

The crucial resistance for Nifty spot is now seen at 11893 and above this 11940 Support for the immediate term is now placed at 11778 next support will be 11710.
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