Value buying, Q2 expectations buoy equity indices; Sensex up 100 points
Monday - October 8, 2018 4:08 pm ,
Category : BUSINESS
Mumbai Oct 8 (IANS) The key equity indices closed in the green on Monday on the back of value buying after last week s heavy declines and expectations of a positive set of corporate earnings.
Sector-wise healthy buying was witnessed in oil and gas banking and auto counters.
In addition a slight fall in Brent crude oil price aided in the upward trajectory.
At 3.30 p.m. the Nifty50 of the National Stock Exchange provisionally closed at 10 348.05 points up 31.60 points or 0.31 per cent from its previous close.
The benchmark S&P BSE Sensex which opened at 34 412.36 points provisionally closed at 34 474.38 points up 97.39 points or 0.28 per cent from its previous close.
The Sensex touched an intra-day high of 34 636.43 points and a low of 33 974.66 points during the intra-day trade.
--IANS ravi-rv/bg
Sector-wise healthy buying was witnessed in oil and gas banking and auto counters.
In addition a slight fall in Brent crude oil price aided in the upward trajectory.
At 3.30 p.m. the Nifty50 of the National Stock Exchange provisionally closed at 10 348.05 points up 31.60 points or 0.31 per cent from its previous close.
The benchmark S&P BSE Sensex which opened at 34 412.36 points provisionally closed at 34 474.38 points up 97.39 points or 0.28 per cent from its previous close.
The Sensex touched an intra-day high of 34 636.43 points and a low of 33 974.66 points during the intra-day trade.
--IANS ravi-rv/bg
