Expectations of healthy Q4 results buoy markets (Third Lead)

Views: 23

Mumbai, April 18 (IANS) Expectations of healthy quarterly results, along with better-than-expected macro-economic data and forecast of above-average monsoon rains, buoyed the Indian equity markets on Monday.

Consequently, the key indices of the Indian equity markets provisionally ended the day’s trade in the green.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) ended higher by 64.25 points or 0.82 percent, to 7,914.70 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 25,833.16 points, provisionally closed at 25,816.36 points (at 3.30 p.m.) — up 189.61 points or 0.74 percent from the previous close at 25,626.75 points.

The Sensex touched a high of 25,870.03 points and a low of 25,634.12 points during the intra-day trade.

The BSE market breadth was tilted in favour of bulls — with 1,442 advances and 1,179 declines.

ALSO READ:   BJP using police to target us: AAP
Comments: 0

Your email address will not be published. Required fields are marked with *