Markets rebound on India-EU trade deal optimism
after close1 source ↓written by the desknot a recommendation
- 0.39
- 319.78 points
- 0.39
- 81,857.48
- 0.51
- 126.75 points
- 0.51
- 25,175.40
- accounting
- 25% of global GDP
Equity benchmarks Sensex and Nifty ended higher amid volatility, driven by heavy buying in bank and metal stocks. The BSE Sensex rose 319.78 points (0.39%) to 81,857.48, while the NSE Nifty gained 126.75 points (0.51%) to 25,175.40. Optimism over the India-EU FTA, accounting for 25% of global GDP, fueled the rally, despite concerns over muted corporate earnings and foreign capital outflows.
Not investment advice. For informational purposes only.