The 30-share BSE Sensex was up 318.48 points or 0.96 percent at 33,351.57 and the 50-share NSE Nifty gained 88.50 points or 0.87 percent at 10,242.70.
However, the Market breadth remained in favor of declines. About three shares declined for every two shares rising on the BSE.
Reliance Industries, HDFC, HDFC Bank, ICICI Bank, Infosys, and L&T rallied 1-2 percent.
HEADLINES OF THE DAY
GST council may impose tax on raw material of alcoholic beveragesTorrent Power wins bid to set up 124MW wind power plant in Maharashtra.
Strides Shasun to launch gZantac in US
The crucial resistance for Nifty spot is now seen at 10330 and above this 10440. Support for the immediate term is now placed at 10170 next support will be 10078.
This post first appeared on Capitalstars| Commodity Trading Tips Provider| Intraday Stock Tips, please read the originial post: here