Stock Market Highlights: Benchmark Equity Indices Close in Green, Nifty Crosses 18,000 Mark
Bechmark equity indices Sensex and Nifty closed in green amid mixed trends in global markets. BSE Sensex ended 242.83 up to close at 61,275.09 whereas NSE Nifty crossed 18, 015.85 with up by 86 points.
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Bechmark equity indices Sensex and Nifty closed in green amid mixed trends in global markets. BSE Sensex ended 242.83 up to close at 61,275.09 whereas NSE Nifty crossed 18, 015.85 with up by 86 points.
Benchmark equity indices Sensex and Nifty declined in early trade on Wednesday amid mixed trends in global markets as investors remained cautious awaiting cues on the interest rate trajectory in the US.
BSE Sensex slumped 225.95 points or 0.37 per cent to 60,806.31 points while NSE Nifty dropped 54.50 points to 17,875.35 points.
Except for eight stocks, including Reliance Industries, State Bank of India and Maruti, rest of the 22 shares in the Sensex pack were trading in the negative territory.
Foreign Portfolio Investors were net buyers, acquiring shares worth Rs 1,305.30 crore on Tuesday.
"Despite SGX was indicating a muted start, our markets opened with a decent bump up convincingly above the 17800 mark. Barring initial small pull back, the index maintained its positive posture throughout the remaining part of the session. With steady up move, the Nifty finally managed to close above 17900, which is highest in last three weeks. In this course of action, the bulls managed to add nearly a percent to their kitty," said Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd.
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