MUMBAI: Extending its winning streak to the sixth consecutive consultation, the BSE sensex received over 70 points on Monday as stocks made additional headway powered via unabated international fund inflows and narrowing country's trade deficit amid sure world cues.
The 30-share benchmark complicated to hit a top of 38,369.59 as purchasing job accumulated momentum. However, traders locked in positive aspects pushing the important thing index into the detrimental zone to hit a low of 37,952.10 prior to bouncing back to end 70.75 points, or zero.19 in keeping with cent upper at 38,095.07.
Likewise, the 50-stock NSE Nifty finished 35.35 points, or zero.31 in keeping with cent, upper at 11,462.20 after hitting the day's top of 11,530.15 and a low of 11,412.50.
Investor sentiment remained upbeat on narrowing trade deficit and sustained international fund inflows buoyed investor sentiment, consistent with market experts.
The marginal 2.44 in keeping with cent building up in exports in addition to decrease imports of gold and petroleum products in February considerably narrowed the rustic's trade deficit to $9.6 billion, data released via the commerce ministry on Friday showed.
India's products exports rose to $26.67 billion in February from $26.03 in keeping with cent in the year-ago month basically because of upper shipments in sectors corresponding to pharmaceutical, engineering and electronics.
On a web foundation, international institutional traders (FIIs) bought shares price a web of Rs 4,323.49 crore on Friday, whilst home institutional traders (DIIs) have been web dealers to the song of Rs 2,130.36 crore, provisional data to be had with BSE showed.
The 30-share benchmark complicated to hit a top of 38,369.59 as purchasing job accumulated momentum. However, traders locked in positive aspects pushing the important thing index into the detrimental zone to hit a low of 37,952.10 prior to bouncing back to end 70.75 points, or zero.19 in keeping with cent upper at 38,095.07.
Likewise, the 50-stock NSE Nifty finished 35.35 points, or zero.31 in keeping with cent, upper at 11,462.20 after hitting the day's top of 11,530.15 and a low of 11,412.50.
Investor sentiment remained upbeat on narrowing trade deficit and sustained international fund inflows buoyed investor sentiment, consistent with market experts.
The marginal 2.44 in keeping with cent building up in exports in addition to decrease imports of gold and petroleum products in February considerably narrowed the rustic's trade deficit to $9.6 billion, data released via the commerce ministry on Friday showed.
India's products exports rose to $26.67 billion in February from $26.03 in keeping with cent in the year-ago month basically because of upper shipments in sectors corresponding to pharmaceutical, engineering and electronics.
On a web foundation, international institutional traders (FIIs) bought shares price a web of Rs 4,323.49 crore on Friday, whilst home institutional traders (DIIs) have been web dealers to the song of Rs 2,130.36 crore, provisional data to be had with BSE showed.
Sensex, Nifty end higher for sixth straight session
![Sensex, Nifty end higher for sixth straight session]()
Reviewed by Kailash
on
March 19, 2019
Rating:
