A session after displaying a depressing performance, the Indian Stock Markets pulled up a scintillating performance by vivaciously rallying about one per cent on Tuesday, courtesy hefty short covering in the recently beaten down frontline stocks ahead of monthly expiry of derivative contract on Thursday. Metal and Realty sectors outperformed the market. The Nifty ended higher by 73 points at 8002; and Sensex was 196 points up at 25960.78.Stock markets in Europe closed higher on Tuesday, following record high on Wall Street and expectations that OPEC members could reach an agreement over an output cut. FTSE 100 gained about 0.61 per cent followed by CAC 40 and DAX.US equities on November 22 closed higher, hitting new all-time highs, as investors digested housing data and kept an eye on President-elect Donald Trump’s policy agenda. The Dow Jones industrial average rose about 70 points, closing above 19,000 for the first time ever, with Home Depot contributing the most gains. The S&P closed over 2,200 for the first time, as telecommunication rose about 2.1 per cent and led the advancers’ rally. The Nasdaq composite also closed at all-time highs, rising approximately a third of a per cent. Asian markets on November 23 are trading in green with Hang Seng trading higher by 0.44 per cent followed by Nikkei and Shanghai being up in the range of 0.31 and 0.25 per cent respectively.SGX Nifty is trading with robust gains of 0.82 per cent to the levels of 8056. Markets are expected to open in green.
Markets likely to extend rally for the second trading session
by SGX Nifty · November 23, 2016
You may also like...
20 Dec, 2016
Indian market on December 19 commenced the fresh week on a dismal note as the benchmark indices prolonged with the...
21 Jun, 2016
In opening market trading Tuesday, the SGX Nifty is higher by 15.5 points as Asian markets are trading mixed. The...
4 May, 2017
Indian benchmark on Wednesday got off to a positive start as investors were influenced by optimistic leads from Asian and...
Special offer only for SgxNifty.org
Also a subscription confirmation mail has been sent to you. If you don't receive it in 5 minutes, then check your spam folder.
Thank you for subscribing!
- Next story India : Post Market Data – 23-Nov-2016
- Previous story India : Post Market Data – 22-Nov-2016