Value buying, positive European indices buoy equity markets (Third Lead)

Views: 48

Mumbai, May 10 (IANS) Value buying, along with positive European indices, buoyed the Indian equity markets on Tuesday.

Consequently, the key indices of the Indian equity markets provisionally closed the day’s trade in the green, as healthy buying in capital goods, banks, healthcare and consumer goods stocks lifted prices.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) edged up by 21.75 points, or 0.28 percent, at 7,887.80 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 25,682.98 points, provisionally closed at 25,772.53 points (at 3.30 p.m.) — up 83.67 points or 0.33 percent from the previous close at 25,688.86 points.

The Sensex touched a high of 25,809.93 points and a low of 25,614.24 points during the intra-day trade.

ALSO READ:   US, China have not held any trade dispute talks yet, says Beijing

The BSE market breadth was marginally tilted in favour of the bears — with 1,315 declines and 1,298 advances.

Both the key indices had made substantial gains during the previous trade session on Monday.

The barometer index had risen by 460.36 points or 1.82 percent, while the NSE Nifty closed higher by 132.60 points or 1.71 percent.



Comments: 0

Your email address will not be published.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