Closing Bell: Sensex ends 358 pts higher, Nifty above 11,050; IT, metal stks among major gainers

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.

Net profit down at Rs 1,624 crore, while revenue up at Rs 20318 crore.

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: 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.

The companyhas postedQ3FY19consolidate net loss at Rs 151.7 crore which included one-time loss of Rs 342.2 crore.

Siemens Q3 net profit at Rs 228 crore, revenue at Rs 2,807 crore.

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.

The Indian rupee is tradinglower by 8paise71.64 per dollar versus previous close 71.56.

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Consolidated net profit up 44% at Rs 196 crore versus Rs 136 crore. Revenue up at Rs 1,729 crore versus Rs 1,648 crore.