INSUBCONTINENT EXCLUSIVE:
Seventeen of 19 sector gauges compiled by BSE ended higher.Indian equity benchmarks ended today's topsy-turvy session on a strong note
Gains in the SP BSE Sensex and NSE Nifty 50 Indexes were paced by Yes Bank, ICICI Bank, Tata Motors, Bajaj Auto, Coal India and HCL
The benchmarks opened with minor losses and swung at least seven times between gains and losses before falling in the negative territory
However, buying in last hour of trade in banking, auto and information technology shares took the Sensex and Nifty to intraday high
levels.The Sensex ended 0.62 per cent or 239 points higher at 38,939 and the NSE Nifty 50 Index climbed 0.58 per cent or 67 points to shut
shop at 11,672.The immediate resistance for Nifty is now placed in the zone of 11,650-11,710 levels, Sameet Chavan, chief analyst-technical
and derivatives at Angel Broking said."At this juncture, the ideal strategy would be not to trade aggressively and one needs to be extremely
stock specific when it comes to a momentum trade," he added.Seventeen of 19 sector gauges compiled by BSE ended higher led by the SP BSE
Realty Index's 1.4 per cent gain
Auto, Banking, Metal, Oil Gas, Healthcare and FMCG Indexes also rose between 0.6 and 1.1 per cent each.On the other hand, SP BSE Telecom
Index was top loser, down 0.8 per cent.Mid- and small-cap shares underperformed their larger peers as the SP BSE MidCap Index rose 0.15 per
cent while the SP BSE SmallCap Index declined 0.10 per cent.Yes Bank, Wipro, Tata Motors, Coal India, ICICI Bank, Bajaj Auto, Indian Oil,
HCL Technologies and Vedanta were among the gainers in the Nifty 50 basket of shares.On the flipside, Indiabulls Housing Finance, Asian
Paints, Bharti Airtel, Infosys, UPL, Bajaj Finance and Dr Reddy's Labs were among the laggards.Get the latest election news, live updates
and election schedule for Lok Sabha Elections 2019 on TheIndianSubcontinent.com/elections
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