Sensex, Nifty close volatile trade in positive territory on firm global cues
Over the past eightsessions, Nifty has retraced only 61 per cent of preceding seven sessions, highlighting a robust price structure.
Over the past eightsessions, Nifty has retraced only 61 per cent of preceding seven sessions, highlighting a robust price structure.
Key indices of the domestic equities market opened flat on Tuesday morning, tracking mixed global cues. Auto and IT stocks were up in the morning trade. Heavyweight Reliance was up 0.26 per cent as well.
"Asian markets rose shrugging off concerns about China regulatory actions and Delta strain spread. In India, Bank stocks are up, while Realty stocks have come under profit taking." said Deepak Jasani, head of Retail Research at HDFC Securities
The BSE Sensex traded at 52,868.36 points, at 10.15 am, higher by 281.52 points or 0.54 per cent from its previous close
BSE Sensex traded at 52,756.55 points, at 10.30 a.m., lower by 383.51 points or 0.72 per cent from its previous close
Gold prices today rose by Rs 250 to Rs 30,900 per 10 grams at the bullion market on brisk buying by local jewellers and firm trend overseas.
The key Indian equity indices – S&P BSE Sensex and the NSE Nifty50 – traded on a flat-to-positive note during the mid-afternoon session on Tuesday.
The benchmark S&P BSE Sensex breached the 38,000-mark during the day before closing slightly below the psychological mark.
The NSE Nifty traded in the red for the major part of the session and cracked below the 11,400-mark to hit a low of 11,366.25.
Copper prices edged lower by 0.05 per cent to Rs 419.40 per kg in futures trade today as speculators cut their bets due to weak global cues and subdued demand at the domestic spot market.
