Global cues lift equity indices; Nifty50 reclaims 10k-mark

Positive global cues on the back of easing geo-political tensions, coupled with healthy buying in capital goods, banking and oil and gas stocks, lifted key Indian equity indices — the BSE Sensex and the NSE Nifty50 — on Monday.

The wider 51-scrip Nifty50 of the National Stock Exchange (NSE) reclaimed the 10,000-mark, which was breached on July 25 for the first time.

The Nifty50 provisionally closed at 10,006.05 points — up 71.25 points or 0.72 per cent.

The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 31,798.31 points, closed at 31,882.16 points — up 194.64 points, or 0.61 per cent, from its previous close at 31,687.52 points.

The Sensex touched a high of 31,952.87 points and a low of 31,797.89 points during intra-day trade.

The BSE market breadth was bullish — with 1,406 advances and 1,227 declines.

On Friday, the benchmark indices closed on a flat note — marginally in the green — buoyed by a strong rupee and good buying activities in capital goods stocks.

The Nifty50 was up 4.90 points, or 0.05 per cent, to close at 9,934.80 points, while the Sensex closed at 31,687.52 points — up 24.78 points, or 0.08 per cent.

About the author


IANS, also known as Indo-Asian News Service is a private news agency. IANS covers topics related to politics, entertainment, sports, general and world news etc.