Indian equity markets end higher following Asian peers

Indian equity markets end higher following Asian peers

IANSUpdated: Thursday, May 30, 2019, 11:54 AM IST
article-image

Mumbai : Key Indian equity market indices ended higher on Thursday following strong Asian markets cues. The sensitive index (Sensex) of the BSE, which opened at 28,031.57 points, closed at 28,129.84 points — higher 145.47 points, or 0.52 per cent over the previous day’s close at 27,984.37 points, reports IANS.

It touched a high of 28,212.50 points and a low of 28,031.57 points in the day’s trade. The wider Nifty of the National Stock Exchange closed 40.30 points or 0.47 per cent higher at 8,699.40 points. “Benchmark indices in India opened in the green and traded with a positive bias through the day, to finally close the day with gains of approximately 0.5 per cent.

Overseas markets traded mixed as investors adopted a note of caution ahead of a European Central Bank (ECB) meeting later in the day,” said Shreyash Devalkar, Fund Manager – Equities, BNP Paribas Mutual Fund.

The 100-scrip and 200-scrip indices of the BSE were higher by 0.44 per cent and 0.40 per cent, respectively. The mid-cap index was higher by 0.06 per cent and small-cap stocks were up by 0.50 per cent. In Thursday’s trade, good buying was observed in banking, metal and finance sectors, while selling pressure was seen in healthcare sector. Sector-wise, the S&P BSE banking index moved up by 1.42 per cent, metal index got augmented by 1.36 per cent and finance index increased by 1.05 per cent. However, healthcare index fell by 0.35 per cent.

The major Sensex gainers were: Adani Ports, up 5.10 per cent at Rs 285.20; ICICI Bank, up 4.72 per cent at Rs 277.50; State Bank of India, up 2.02 per cent at Rs 259.95; and HDFC, up 1.26 per cent at Rs 1,359.05.

RECENT STORIES

All-New Maruti Suzuki Swift Now Available for Booking at Select Dealerships

All-New Maruti Suzuki Swift Now Available for Booking at Select Dealerships

Cash Crunch Crisis: Pakistan Makes Formal Request To IMF For Another Bailout

Cash Crunch Crisis: Pakistan Makes Formal Request To IMF For Another Bailout

Maruti Suzuki Swift vs Tata Tiago EV: Comparison of Price, Features, and Performance

Maruti Suzuki Swift vs Tata Tiago EV: Comparison of Price, Features, and Performance

'...Look Forward To Visiting Later This Year': Tesla CEO Elon Musk Postpones India Visit

'...Look Forward To Visiting Later This Year': Tesla CEO Elon Musk Postpones India Visit

Health Insurance For All Ages: IRDAI Removes Age Limits On Health Insurance Purchase

Health Insurance For All Ages: IRDAI Removes Age Limits On Health Insurance Purchase