Market Close: Late buying helped benchmark indices to close the first day of May series near day's high level with Nifty finished above 11,750 mark.
At close, the Sensex was up 336.47 points at 39067.33, while Nifty was up 112.90 points at 11754.70. About 1085 shares have advanced, 1410 shares declined, and 153 shares are unchanged.
Tata Steel, BPCL, GAIL, ICICI Bank and JSW Steel were the top gainers on the Nifty, while losers include Tata Motors, Bajaj Auto, Grasim Industries, Dr Reddy’s Labs and Bharti Airtel.
Among the sectors, except auto all other sectors ended in green led by metal, bank, energy, IT, pharma and FMCG.
Carborundum Universal Q4: Consolidated net profit fell 6% at Rs 61.9 crore, revenue up 8% at Rs 702 crore.
Mahindra Lifespace JV to invest Rs 1,000cr in Chennai project: Mahindra Industrial Park Chennai (MIPCL), an indirect subsidiary of the company and a joint venture between Mahindra World City Developers and Sumitomo Corporation of Japan, announced the inauguration of ORIGINS, Industrial Cluster on the NH16 corridor near Ponneri, Chennai.
HDFC Life Insurance Company Q4 earnings: Net profit rose 5% at Rs 364 crore and net premium income up 15% at Rs 10,247 crore.
Piramal Enterprises Q4: Consolidated adjusted profit at Rs 457 crore, revenue up 23% at Rs 3,680 crore. Board declares final dividend of Rs 28 per share.
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