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Global indices, stock-specific buying lift Indian equities


13 November 2018 08:07

Mumbai: Positive global indices, coupled with healthy buying in capital goods, auto, banking, healthcare and metal stocks, lifted the key Indian equity indices on Monday.Market observers said investors awaited the retail and industrial inflation data due to be announced in the evening which is expected to give direction to the central banks next course of action on raising interest rates.The wider Nifty50 of the National Stock Exchange held the 10,500-mark and closed higher by 84.80 points or 0.81 per cent at 10,539.75 points.On the BSE, the barometer 30-scrip Sensitive Index (Sensex) closed at 34,300.47 points -- up 294.71 points or 0.87 per cent from its previous close.The Sensex touched a high of 34,351.34 points and a low of 34,115.12 points during the intra-day trade.The BSE market breadth was bullish as 2,050 stocks advanced as against 764 declines.In terms of the broader markets, the S&P BSE mid-cap index edged higher by 1.31 per cent and the small-cap i.
Global indices, stock-specific buying lift Indian equities. This article is published at 13 November 2018 08:07 from Sify Indian Business and Finance News, click on the read full article link below to see further details.


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Tags : Global, indices, stock, specific, buying, lift, Indian, equities


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