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BREAKING NEWS

GST, strong rupee buoy equity markets (Second Lead)

09 Jun 2017

Mumbai June 9 (IANS) Domestic cues such as progress on the upcoming taxation reform - GST - and a strong rupee buoyed the Indian equity markets on Friday.

According to market observers healthy buying in automobile metal and banking stocks lifted the key equity indices to provisionally close on a flat-to-positive note.

However investors remained cautious amidst uncertain global cues and expensive market conditions.

The Nifty of the National Stock Exchange (NSE) inched up by 19.40 points or 0.20 per cent to provisionally close at 9 666.65 points.

The 30-scrip Sensitive Index (Sensex) of the BSE which opened at 31 196.86 points provisionally closed at 31 262.06 points -- up 48.70 points or 0.16 per cent from its previous close at 31 213.36 points.

It touched a high of 31 289.99 points and a low of 31 087.28 points during intra-day trade.

--IANS
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