Saturday November 17, 2018
Home Business Indices of In...

Indices of Indian Equity Makes Trade go Higher

Key Indian Equity indices makes trade higher.

0
//
Stock Market Building of India.
Stock Market Building.
Republish
Reprint

Key Indian equity indices — after opening on a flat-to-positive note — traded higher during Tuesday’s morning session with healthy buying in metals, consumer durables and banking stocks.

Around 10.20 a.m., the wider Nifty50 of the National Stock Exchange traded higher by 19.40 points or 0.18 per cent at 10,547.75 points.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 34,381.80 points, traded at 34,378.39 points — up 72.96 points or 0.21 per cent from its previous session’s close.

The Sensex has so far touched a high of 34,402.90 points and a low of 34,284.67 points during the intra-day trade.

The BSE market breadth was bullish with 1,367 advances and 694 declines.

Also Read: Tech Analysis: As More Indians Go Digital, Transparency in App’s Ecosystem A Must

On Monday, healthy macro-economic data, along with expectations of robust quarterly corporate earnings, led the equity indices to close on a higher note for the eighth consecutive session.

The Nifty50 was up 47.75 points or 0.46 per cent to close at 10,528.35 points, while the Sensex closed at 34,305.43 points — up 112.78 points or 0.33 per cent.  IANS

Click here for reuse options!
Copyright 2018 NewsGram

Next Story

Key Indian Indices traded in Green: Healthy Buying witnessed in Oil and Gas, Banking and IT Stocks

The wider 51-scrip Nifty of the National Stock Exchange edged up by 27 points or 0.33 per cent to 8,155.75 points

0
crop loan
Indian Currency. Pixabay

Mumbai, December 6, 2016: Hopes of a monetary policy easing, coupled with broadly positive global cues, along with rupee appreciation marginally lifted the Indian equity markets during the mid-afternoon trade session on Tuesday.

The key Indian indices traded in the green, as healthy buying was witnessed in oil and gas, banking and IT stocks.

NewsGram brings to you latest new stories in India.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) edged up by 27 points or 0.33 per cent to 8,155.75 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 26,403.62 points, traded at 26,432.73 points (at 1.45 p.m.) — up 83.63 points or 0.32 per cent from the previous close at 26,349.10 points.

The Sensex has touched a high of 26,502.43 points and a low of 26,393.99 points during the intra-day trade so far.

The BSE market breadth was skewed in favour of the bulls — with 1,633 advances and 828 declines.

Go to NewsGram and check out news related to political current issues

“The markets traded on a flat-to-positive note following largely positive global indices and the rupee gaining momentum,” Astha Jain, Senior Research Analyst at Hem Securities, told IANS.

“Investors’ sentiments are buoyant on the hopes of a repo rate cut by the RBI by 25 basis points.”

According to Dhruv Desai, Director and Chief Operating Officer of Tradebulls, IT, oil-gas, cement and power stocks traded with firm sentiments.

“However, banking, pharma, textile and aviation stocks traded with bearish sentiments,” Desai said.

Look for latest news from India in NewsGram.

“Auto and media-entertainment stocks witnessed resistance at higher levels due to profit booking.”

On Friday, the equity markets closed on a higher note, as investors’ sentiments were buoyed on hopes of a monetary policy easing and positive global cues.

The barometer index was up 118.44 points or 0.45 per cent , while the NSE Nifty rose by 41.95 points or 0.52 per cent. (IANS)