The Indian equity market closed with healthy gains on account of Nov series seeing a smooth rollovers. Long build-up was witnessed in the auto, banking and oil & gas stocks. On the other hand, the pharma and IT stocks witnessed short build up.
Weak corporate updates pegged back European shares on Thursday, as the effects of a rout in oil prices knocked back eavyweight energy firms.
Finally, the BSE Sensex ended today’s trading with a loss of 439 points at 27,643. It opened at 28,043, touched an intra -day high of 28,043 and low of 27,643. The NSE Nifty closed with a loss of 135 points at 8,573. It opened at 8,672, hit an intra-day high of 8,682 and low of 8,541.
The Indian equity market ended with modest gains on Tuesday amid another choppy session. Indices did give a knee jerk reaction after the Reserve Bank of India decided to keep interest rates unchanged. However, bench- marks once again entered into a narrow trading band to close with humble gains.
The Indian equity market extended its losing streak to the second consecutive session on Thursday after Fed Chief Janet Yellen indicated that a December rate hike is likely.
After a terrible Tuesday, the Indian equity market ended with healthy gains amid a volatile session. Indices opened with a negative bias and slipped lower for the first half after the Indian rupee hit fresh 52-week low against the US Dollar.
After falling for three consecutive trading sessions, the Indian equity market staged a smart comeback on Thursday. Positive cues from the Asian markets coupled with strengthening in the Indian currency against the US Dollar lifted sentiment on Dalal Street.
The Indian equity market ended with modest gains on Tuesday amid another choppy session. Indices did give a knee jerk reaction after the Reserve Bank of India decided to keep interest rates unchanged. However, benchmarks once again entered into a narrow trading band to close with humble gains.