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Equities close with marginal gains despite weak global cues

Arnima Dwivedi

Arnima DwivediBy Arnima Dwivedi

Published on 23 Nov 2017 11:10 AM GMT

Equities close with marginal gains despite weak global cues
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Equities close with marginal gains despite weak global cues
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Mumbai: Key Indian equity markets on Thursday provisionally closed on a flat-to-positive note as investors traded with caution on the back of weak global cues and selling pressure in index heavyweights like Dr. Reddy's Lab, Bajaj Auto, Adani Ports and NTPC.

According to market observers, gains were supported by healthy buying in IT, capital goods and consumer durables stocks.

The wider Nifty50 of the National Stock Exchange (NSE) provisionally closed at 10,348.75 points -- up 6.45 points or 0.06 per cent -- from its Wednesday's close.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33,575.91 points, closed higher by 26.53 points or 0.08 per cent at 33,588.08 points.

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The Sensex touched a high of 33,670.19 points and a low of 33,468.30 points during intra-day trade.

The BSE market breadth was bullish -- 1,440 advances and 1,258 declines.

On Wednesday, the benchmark indices closed in the positive territory as positive Asian cues and higher auto stocks buoyed investor sentiments.

The NSE Nifty50 edged higher by 15.40 points or 0.15 per cent to close at 10,342.30 points, while the Sensex closed at 33,561.55 points -- up 83.20 points or 0.25 per cent.

--IANS

Arnima Dwivedi

Arnima Dwivedi

A journalist, presently working as a sub-editor with newstrack.com. I love exploring new genres of humans and humanity.

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