Sensex ended 246.32 points higher or 0.63 percent at 39298.38, and the Nifty was up 75.50 points or 0.65 percent at 11661.90. About 1585 shares have advanced, 925 shares declined, and 169 shares are unchanged. Nifty Metal gained over 1.5 percent while HDFC AMC was most active.
Market is extending the gains in anticipation of better quarter results from next week after the subdued start this week. Globally, improvement in sentiments on Brexit deal and trade talks are helping the market led by positive inflows from FIIs. Indiabulls Housing Finance closed with a sharp gain of 19.33 percent at Rs 235.25 on BSE on
October 18.Nifty Chart
NiftyChart
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Nifty Index closed on positive note at 11661.85Β  above all dynamic moving averagesΒ  on 18.10.2019. Nifty is looking strong on daily chart. We recommend buy on dip near 11600-11620. Nifty Support : 11600-11555, Resistance : 11690-11750.