Sensex ends 358 points higher, Nifty above 11,050; IT, metal stks among major gainers

CNBC

Market at close: Benchmark indices ended at day's high with Nifty closing above 11,050 level.

The Sensex was up 358.42 points at 36975.23, while Nifty was up 128.10 points at 11,062.50. About 1032 shares have advanced, 1512 shares declined, and 144 shares are unchanged. 
Tech Mahindra, Cipla, Zee Entertainment, Grasim and Tata Steel are the top gainers on the Nifty, while losers include Adani Ports, IndusInd Bank, Dr Reddys Labs, Titan Company and NTPC.
All the sectoral indices ended in green led by metal and IT with 2 percent gain, followed by auto, energy, FMCG and Pharma. 
Cipla Q3 result: Consolidated net profit fell 171% at Rs 332.2 crore versus Rs 400.5 crore, revenue up at Rs 4,077.5 crore versus Rs 3,914 crore, YoY.  
Market Update: Benchmark indices are trading at day's high with Nifty above 11,050 level.
At 14:20 hrs IST, the Sensex is up 327.84 points at 36944.65, while the Nifty up 114.80 points at 11049.20. About 878 shares have advanced, 1506 shares declined, and 118 shares are unchanged.
Market Update: Both benchmark indices are off day's highs.  Sensex is up 177.68 points or 0.49% at 36794.49, and the Nifty up 53.90 points or 0.49% at 10988.30. About 643 shares have advanced, 1,225 shares declined, and 95 shares are unchanged.
Market Update: Benchmark indices extended morning gains with Nifty trading above 11,000 for the first time since October 1, 2018.
At 09:18 hrs IST, the Sensex is up 141.46 points at 36758.27, while Nifty is up 75.90 points at 11010.30.  About 626 shares have advanced, 466 shares declined, and 48 shares are unchanged. 
Buzzing: Share price of Strides Pharma Science rose 2.4 percent in the early trade on Wednesday as company received zero observations from USFDA.
Market Opens: Benchmark indices started on positive note on Wednesday with Nifty trading above 10,950 level.
The Sensex is up 98.30 points at 36715.11, while Nifty is up 42.60 points at 10977. About 392 shares have advanced, 202 shares declined, and 33 shares are unchanged. 
Jubilant Food, Tech Mahindra, HPCL, Zee Entertainment, Indiabulls Housing are trading higher, while NTPC, Dr Reddy's Lab, Adani Ports, UltraTech Cement are among major losers.
Market at pre-open: Indian indices are trading firm in the pre-opening session on Wednesday with Nifty around 10,950.
At 09:03 hrs IST, the Sensex is down 52.03 points or 0.14% at 36564.78, and the Nifty up 11.00 points or 0.10% at 10945.40.
Jubilant Food and Tech Mahindra gained 7 percent, while Marico, Bharat Forge are among major gainers. SPARC, ICICI Bank are the losers in the pre-opening session.
Wall Street ends higher: US stocks rose on Tuesday as largely upbeat corporate results fueled investor optimism ahead of the highly awaited State of the Union address by President Donald Trump.
Asian markets trade mixed: Asian shares started cautiously on Wednesday as investors waited to see if US President Donald Trump drops any hints of progress on tariffs in his State of the Union speech.
SGX Nifty: Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 50 points or 0.46 percent. Nifty futures were trading around 11,010-level on the Singaporean Exchange.