Global cues push Sensex, Nifty upwards

Moderate rebounding rupee also further supported the buying activity on the bourses. - Sakshi Post

Mumbai: Indian equity indices on Tuesday closed on the positive note following global cues and a moderately rebounding rupee. The domestic markets are gradually coming out of the jitters created by Brexit last week.

BSE and NSE recorded healthy buying was particularly witnessed in stocks of fast moving consumer goods (FMCG) and healthcare. The barometer 30-scrip sensitive index Sensex of the BSE, which opened at 26,410.66 points, closed at 26,524.55 points. Sensex was up 121.59 points or 0.46 per cent from the previous close at 26,402.96 points.

During the intraday session, Sensex touched a high of 26,583.33 points and a low of 26,378.46 points. The BSE market breadth was tilted in favour of the bulls -- with 1,584 advances and 1,013 declines. The wider Nifty of the National Stock Exchange (NSE) edged up to 8,127.85 points -- up 33.15 points or 0.41 per cent.
On Monday, the key indices ended flat due to profit booking and an endeavour to recover from the Brexit. The barometer index inched up by 5.25 points or 0.02 per cent, while the Nifty was up 6.10 points, or 0.08 per cent.
Source: IANS


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