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BREAKING NEWS

Indian equities close with gains, banks stocks surge (Second Lead)

24 Mar 2017

Mumbai March 24 (IANS) Healthy buying in banking stocks pushed the Indian equity markets higher on Friday coupled with broadly positive European indices a marginally strong rupee and foreign funds inflows.

The key indices provisionally closed the day s trade in the green.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) rose by 21.70 points or 0.24 per cent to 9 108 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE which opened at 29 350.60 points provisionally closed at 29 421.40 points (at 3.30 p.m.) -- up 89.24 points or 0.30 per cent from the previous close at 29 332.16 points.

The Sensex touched a high of 29 539.85 points and a low of 29 350.17 points during the intra-day trade.

The BSE market breadth was marginally bearish -- with 1 471 declines and 1 346 advances.

On Thursday the benchmark indices closed the day s trade with gains of more than half a per cent each on short covering.

--IANS
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