Closing Bell: Nifty ends May series near 11,950, Sensex up 329 points; NTPC gains 3%.


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It is strong close for the May F&O series on Thursday with Nifty finished near 11,950 level.
At close, the Sensex was up 329.92 points at 39,831.97, while Nifty was up 84.80 points at 11,945.90. About 1236 shares have advanced, 1301 shares declined, and 153 shares are unchanged.
NTPC, Yes Bank, Bharti Airtel, Bajaj Finance and BPCL were among major gainers on the Nifty, while losers were Sun Pharma, M&M, Zee Entertainment, Eicher Motors and JSW Steel.
Among the sectors, auto, pharma and metal ended lower, while buying seen in the infra, IT, PSU bank and energy.

HEADLINES OF THE DAY
Berger Paints Q4: Profit up 4.9 percent at Rs 111.4 crore, compared to Rs 106.2 crore in the corresponding quarter of last fiscal. Revenue rises 13.4 percent at Rs 1,472 crore versus Rs 1,298.3 crore in the year-ago period.
Apollo Hospitals Enterprises Q4:
Net profit rose 28.6% at Rs 76.7 crore against Rs 59.6 crore and revenue up 16.3% at Rs 2,167.1 crore against Rs 1,863.4 crore.
EBITDA was up 24.2% at Rs 266 crore against Rs 214 crore, margin was at 12.3% versus 11.5%.
Godfrey Phillips India Q4: Net profit down 17.9% at Rs 35.4 crore against Rs 43.1 crore, revenue up at Rs 605.7 crore against Rs 541.9 crore, YoY.
DHFL clarified that it has not received any communication from the Enforcement Directorate.

The crucial resistance for Nifty spot is now seen at 12060 and above this 12200 Support for the immediate term is now placed at 11800 next support will be 11620.

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