Market posted strong gains, most of Adani Group stocks recover
At close, the Sensex was up 1,961.32 points or 2.54% at 79,117.11, and the Nifty was up 557.35 points or 2.39% at 23,907.25.
The key Indian equity indices opened on a positive note on Thursday with the BSE Sensex trading over 450 points.
The S&P BSE Sensex index added as much as 452.47 points to 39,064.48 while the broader NSE Nifty benchmark climbed to as high as 11,578.75, up 138.55 points from the previous close.
The domestic market traded in line with the Asian markets as they rose in hopes of a resolution of the prolonged US-China trade war. US President Donald Trump on Wednesday said a deal could happen sooner than people think to end the trade tensions with China.
Advertisement
MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.1 per cent. Japan’s Nikkei rose 0.45 per cent. On Wednesday, the Sensex had fallen 503.62 points – or 1.29 per cent – to end at 38,593.52, and the Nifty settled at 11,440.20, down 148.00 points – or 1.28 per cent – from its previous close.
Advertisement
