Social News XYZ     

Equity indices snap 4-day losing streak, Sensex up 428 pts

Equity indices snap 4-day losing streak, Sensex up 428 pts

New Delhi, June 9 (SocialNews.XYZ) Domestic equity benchmark indices snapped their four straight sessions of losses and settled fairly higher on Thursday, primarily due to value buying.

Sensex closed at 55,320 points, up 428 points or 0.8 per cent, whereas Nifty was at 16,481 points, up 125 points or 0.8 per cent.

 

Domestic investment flows over the last many months have been structurally positive even as the foreign outflows continue unabated, said S. Ranganathan, Head of Research at LKP Securities.

Barring Nifty metal and PSU banks, all other sectoral indices closed in the green on Thursday, NSE data showed.

Source: IANS

Facebook Comments
Equity indices snap 4-day losing streak, Sensex up 428 pts

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