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Closing bell: Sensex gains 92 points, Nifty ends above 10400 led by ICICI Bank, Axis Bank

BSE Sensex closed higher by 91.71 points at 33,880.25, while the Nifty 50 ended 22.90 points up at 10,402.25. Here are the highlights from the markets

Benchmark indices gained for a fourth straight session on Tuesday, with BSE Sensex gaining over 100 points and NSE’s Nifty 50 rising above the 10,400 level. Sentiment was boosted after Chinese President Xi Jinping’s speech eased trade war tensions between US and China. Asian markets traded lower in early Tuesday trade after an overnight rally on Wall Street lost steam following a report that FBI officers had raided the office of President Donald Trump’s personal lawyer. Here are the highlights from the markets:

3.35 pm IST
Closing bell
BSE Sensex closed higher by 91.71 points, or 0.27%, to 33,880.25, while the Nifty 50 gained 22.90 points, or 0.22%, to close at 10,402.25.

3.10 pm IST
Delhi HC asks DMRC to take over debt servicing of Reliance Infra unit
Reliance Infrastructure Ltd said the Delhi High Court has directed Delhi Metro Rail Corp. to take over servicing of all debt liabilities of Reliance Infra unit Delhi Airport Metro Express Pvt. Ltd amounting to Rs1,618 crore. Reliance Infra shares were trading 2.42% up at Rs462.90.

2.22 pm IST
Market update
BSE Sensex traded higher by 123.25 points, or 0.36%, to 33,911.79, while the Nifty 50 gained 33.85 points, or 0.33%, to 10,413.20.

2.15 pm IST
European shares trade higher
Europe’s major stock markets advanced in opening deals on Tuesday after China moved to calm worries of a trade war with the United States, dealers said. In initial deals, London’s benchmark FTSE 100 index advanced 0.6% to 7,238.30 points. In the eurozone, Frankfurt’s DAX 30 index rose almost 1.1% to 12,389.90 points, and the Paris CAC 40 won nearly 0.7% to stand at 5,299.58.

source: livemint.com

Categories:   BSE Sensex, Indian Stock exchange, Indian Stock Market, Indian Stock Pick

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