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BREAKING NEWS

Slide in crude prices lift indices; Nifty regains 11k-mark (Second Lead)

17 Jul 2018
Mumbai July 17 (IANS) Slide in global crude oil prices along with expectations of fund infusion into public sector banks and value buying lifted the key domestic equity indices higher on Tuesday.
However broadly negative Asian and European indices capped gains.
According to market observers healthy buying was witnessed in banking oil and gas automobile and consumer durables stocks.
Index-wise the broader Nifty50 of the National Stock Exchange (NSE) closed at 11 008.05 points -- higher by 71.20 points or 0.65 per cent -- from its previous close.
The barometer 30-scrip Sensitive Index (Sensex) which opened at 36 390.99 points closed at 36 519.96 points -- higher by 196.19 points or 0.54 per cent -- from its previous session s close of 36 323.77 points.
Sensex touched a high of 36 549.55 points and a low of 36 261.78 during the intra-day trade.
On Monday -- the previous trade session -- both the indices closed in the red due to a rise in wholesale inflation rate and broadly weak global cues.

--IANS rv/mr