Closing Bell: Sensex ends 164 pts higher, Nifty above 11,650; Tata Motors gains 7%

Benchmark indices ended higher but off day's high on the back of last hour selling pressure on first day of the financial year 2020. The Sensex touched a record high of 39,115.57 during the day, while Nifty also closed above 11,650 level.

The Sensex rose 164.27 points at 38,837.18, while Nifty was up 31.70 points at 11,655.60. About 1685 shares have advanced, 918 shares declined, and 145 shares are unchanged.

Tata Motors, Hindalco Industries, Wipro, Bharti Airtel and Maruti Suzuki were the top gainers on the Nifty, while Zee Entertainment, UPL, IOC, Eicher Motors and IndusInd Bank were among major losers.

Among sectoral indices, except bank and FMCG all other indices ended in green led by metal, IT, infra, auto and pharma.

Mishra Dhatu Nigam has recorded a turnover of over Rs 701.50 crore (provisional and unaudited) for the financial year ended on March 31, 2019 (corresponding figure for the previous year was Rs 661.69 crore).

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The company announced the launch of Tadalafil tablets USP, 2.5 mg, 5 mg, 10 mg, and 20 mg, having received an approval from the United States Food and Drug Administration (FDA) earlier.

The company sold 2,003 units in March 2019, up 14 percent against 1,756 units in March 2018.

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Muthoot Capital Services has completed a securitization transaction of Rs 62.11 crore on March 30, 2019.

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The company's total March 2019 CV sales at 8,676 units, down 7.6 percent against 9,411 units, YoY.

The company's total sales for March 2019 rose 15.2% at 4,612 units against 4,003 units, YoY.