The-Best-Stock-To-Buy >> Vedanta, Tata Motors and ONGC were the other major gainers in the Nifty

>> The most part of the gains in the IT index was drawn by Infosys, ahead of its quarterly Updates

>> Nifty Metal index outperformed among sectoral gauges, up 2.27% at 2335

>> Infosys, just after market hours, posted 2.2pc fall in its second-quarter consolidated net profit on a year-on-year basis at Rs.4,019-Cr

Market Close Today: Benchmark indices made a recovery from the mid-session volatility and closed higher with Sensex zoomed at 38,127 level, up 247 points, while the NSE Nifty scaled at 11301- up 67 points on Friday weekend.

Cipla and Infosys added over 4 pc each to settle as the as top gainers at the 50-share index Nifty, while IOC settled as the top loser on the index, down 3.3 pc.

Vedanta, Tata Motors and ONGC were the other major gainers in the Nifty, whereas Yes bank, Gail, M&M and Reliance industries were descending the losses.

On the Sectoral watch on Nifty indices, excluding Pvt bank and media, all the gauges on the NSE ended in the green. The Nifty Metal index gained the most to hit the index at 2,335- levels, up 2.27 pc, followed by Nifty IT which added near 1.5% led by Infosys and NIIT Technologies.

The most part of the gains in the IT index was drawn by Infosys, which closed 4.08% higher ahead of its quarterly updates.

Nifty Metal index outperformed among sectoral gauges, up 2.27% at 2335 today. Among the risen constituents, Vedanta rose 4 pc, Jindal Steel gained 3.19 pc and Hindalco jumped 2.77 pc.

Infosys, aftermarket closing hours posted 2.2% fall in its second-quarter consolidated net profit on a year-on-year basis at Rs.4,019-Cr. For the corresponding period of the previous year, Infosys’ profit stood at Rs.4110-Cr. More update Free stock Tips and stock Tips visit our blog.

Shares of Infosys zoomed 4.08pc at Rs815/- on NSE, ahead of the results. The results were announced today, post-market hours.