Business Standard

Equities rise on positive global cues, strong rupee

Image

IANS Mumbai

Positive global cues, along with a strong rupee and healthy buying in banking, capital goods and consumer durables stocks, gave a fillip to the Indian equity markets on Wednesday.

The key indices closed with gains close to half a per cent each.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) retained its stay in the 9,100-plus region and rose by 43 points or 0.47 per cent to 9,143.80 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 29,463.01 points, provisionally closed at 29,543.83 points (at 3.30 p.m.) -- up 134.31 points or 0.46 per cent, from the previous close at 29,409.52 points.

 

The Sensex touched a high of 29,535.04 points and a low of 29,439.42 points during the intra-day trade.

In contrast, the BSE market breadth was bearish -- with 1,184 advances and 1,646 declines.

On Tuesday, the benchmark indices closed with gains on the back of massive inflow of foreign funds and value buying.

--IANS

ppg/dg

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 29 2017 | 3:46 PM IST

Explore News