Business

Global cues, healthy macro-data buoy equity indices

Agency | November 16, 2018 01:38 PM

Mumbai: Broadly positive Asian markets along with healthy macroeconomic trade data and low crude oil prices buoyed the key Indian equity indices during the early morning trade session on Friday.

Sector-wise, healthy buying was witnessed in IT, pharma, banking, and automobile stocks, whereas selling pressure occurred in oil and gas and metals scrips.

The Sensitive Index (Sensex) of the S&P BSE Sensex, which had closed at 35,260.54 on Thursday, opened higher at 35,398.70.

At 9.30 a.m., it traded at 35,376.18 up by 115.64 points, or 0.33 percent.

At the National Stock Exchange (NSE), the broader 50-scrip Nifty, which had closed at 10,616.70 points on Thursday, quoted at 10,641.90, up by 25.2 points or 0.24 percent.

On Thursday, healthy foreign fund inflows along with low crude oil prices and a strengthened rupee guided the key Indian equity indices to close on a positive note.

Consequently, the Sensex closed 118.55 points or 0.34 percent higher, at 35,260.54 points.

The NSE Nifty50 closed 40.40 points or 0.38 percent higher at 10,616.70.

Have something to say? Post your comment
Must Read
Internationally acclaimed Classical Dances’ Proponent Parwati Dutta taught ‘Odissi & Kathak’ to LPU Students
Internationally acclaimed Classical Dances’ Proponent Parwati Dutta taught ‘Odissi & Kathak’ to LPU Students
Brahm Mohindra reiterates commitment of state government to promote sports in Punjab
Brahm Mohindra reiterates commitment of state government to promote sports in Punjab
Villager arrested for selling illicit liquor
Villager arrested for selling illicit liquor
Drug peddler  arrested under NDPS Act
Drug peddler arrested under NDPS Act
Sidhu no longer part of "The Kapil Sharma Show"
Sidhu no longer part of "The Kapil Sharma Show"
Set up regulatory authority to keep watch on retail prices of vegetables: Arora writes to CM
Set up regulatory authority to keep watch on retail prices of vegetables: Arora writes to CM
One Lac Food Business Operators to be imparted training-Pannu
One Lac Food Business Operators to be imparted training-Pannu
Punjabi spend Rs 20 crores daily on drugs; Survey report
Punjabi spend Rs 20 crores daily on drugs; Survey report
Ministerial staff continued  pen down strike on Friday
Ministerial staff continued pen down strike on Friday
Two villagers acquitted of snatching charge
Two villagers acquitted of snatching charge
Rogi Kalyan Samiti approves Rs 5 lakh for improving infrastructure and health facilities in Civil Hospital
Rogi Kalyan Samiti approves Rs 5 lakh for improving infrastructure and health facilities in Civil Hospital
HC disposes of defamation case after Kejriwal, Azad settle matter with DDCA
HC disposes of defamation case after Kejriwal, Azad settle matter with DDCA