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MARKET WRAP-UP @Capitalstars: INDIAN BENCHMARKS: SENSEX ENDS UP 113 POINTS NIFTY ABOVE 10500 - 16 Apr 208




Benchmark indices closed in the green for the eighth consecutive session, with the Sensex rising 112.78 points to 34,305.43 and the Nifty gaining 47.80 points at 10,528.40. 
Cipla, Grasim Industries and UPL rallied up to 5 percent.

Tata Motors was down nearly 5 percent. Infosys ended with a loss of 3 percent after lowering EBIT margin guidance for FY19.

Wipro, SBI, Tech Mahindra and Bharti Airtel were under pressure.

HEADLINES OF THE DAY


Gruh Finance gains 5% after board announces bonus shares
Aurobindo gets USFDA approval for Loratadine 10mg tablet
March WPI inflation hits eight-month low to 2.47%


The crucial resistance for Nifty spot is now seen at 10540 and above this 10630. Support for the immediate term is now placed at 10350 next support will be 10200.

UPCOMING RESULTS: TATA SPONGE, CRISIL, MUTHTFN, SCHAEFFLER, ORCHIDPHAR


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MARKET WRAP-UP @Capitalstars: INDIAN BENCHMARKS: SENSEX ENDS UP 113 POINTS NIFTY ABOVE 10500 - 16 Apr 208

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