Categories: Business

Global cues, value buys lift equities; Sensex closes over 1K pts up

Mumbai, March 30 (SocialNews.XYZ) Favourable global cues, as well as value buying, lifted India's key equity indices up on Tuesday.

The two indices had a gap up opening on account of favourable global cues and declining VIX.

In terms of counters, most sectoral indices closed in the green.

The S&P BSE Sensex was up by 1,128.08 points, or 2.30 per cent, at 50,136.58 points from the previous close.

The NSE Nifty50 on the National Stock Exchange traded at 14,845.10, up by 337.80 points, or 2.33 per cent, from its previous close.

Likhita Chepa, Senior Research Analyst at CapitalVia Global Research, said: "Market opened on a positive note following the positivity in the Asian market. The US market ended slightly in the red with bank shares falling due to the potential losses from a hedge fund's default."

Source: IANS

Facebook Comments

About Gopi

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

He can be reached at gopi@socialnews.xyz

Share

This website uses cookies.