A surge in the last hour of trading helped the stock markets to close at near day’s high. Buying in auto, IT and oil, and gas stocks amid easing crude prices helped Nifty gain 78 points from lows to close above 11,900. BSE Sensex ended up 277 points from lows to close above 40,400 after 3 sessions. Sensex surged 172.69 points to end at 40,412.57, while Nifty closed above 11,900. NTPC followed by ONGC, Tech Mahindra, Kotak Bank, TCS, Asian Paints, IndusInd Bank and Tata Motors were the top gainers. Yes Bank topped the laggard’s list for the second straight day. Vedanta, Hero MotoCorp, L&T, Bharti Airtel and HUL also tumbled.
On the NSE, the Nifty50 closed at 11,910.15 level, added 53.35 points, or 0.45 per cent. Nifty Support : 11850 and 11820 Resistance : 11950 and 12000.
