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BREAKING NEWS

Key equity indices close higher on Asian cues (Second Lead)

09 Apr 2018

Mumbai April 9 (IANS) Key Indian equity indices provisionally closed higher on Monday afternoon taking cue from the benchmark Asian indices.



The two key domestic indices -- BSE Sensex and the NSE Nifty -- traded higher than their previous closing levels.

"Indian shares traded up on Monday tracking gains in Asian shares as investors took a sanguine view on US-China trade tensions " said Dhruv Desai Director and Chief Operating Officer of Tradebulls.

At 3.30 p.m. the wider Nifty50 of the National Stock Exchange (NSE) provisionally ended the day s trade at 10 379.35 points up 47.75 points or 0.46 per cent from the previous close.

The barometer 30-scrip Sensex of the BSE which opened at 33 608.59 points provisionally closed at 33 788.54 points -- up 161.57 points or 0.48 per cent from its previous session s close.

The Sensex touched a high of 33 846.50 points and a low of 33 578.91 points during the intra-day trade.

The BSE market breadth was bullish with 1 642 advances and 1 087 declines.

Company-wise the top gainers on the BSE were Axis Bank Mahindra and Mahindra ITC IndusInd Bank and Hindustan Unilever while the losers included Tata Motors (DVR) Infosys Taa Motors Bharti Airtel and TCS.

On Friday equity indices traded on a flat note following a similar trend on benchmark Asian exchanges reigniting concerns over global trade protectionist measures and a bout of profit booking.

The wider Nifty50 of the National Stock Exchange (NSE) settled at 10 331.60 points up by just 6.45 points or 0.06 per cent.

The barometer 30-scrip Sensex of the BSE closed at 33 626.97 points -- up only 30.17 points or 0.09 per cent from its previous session s close.

--IANS
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