Markets traded with positive sentiments with the start of the session, continuing the pull back so earned in the late hour of the previous session.The indices were able to sustain on higher side for the most part of the session and finally closed with gains of approx 0.40%. Firm global markets and Rupee appreciation in early session too aided the sentiments.
The isndices were supported by Oil, Auto and Infra stocks. Oil stocks were superior as Oil futures rose for a second straight session, with US crude hitting a six-month high, as the market focused on supply disruptions.
Global Market Updates:
- World shares rose Apple Inc’s biggest rise in over two months and oil’s higher to within sight of $50 a barrel boosted investor demand for riskier assets at the expense of safe-haven bonds.
- Vodafone earnings growth would accelerate this year after a program to improve its networks boosted demand in Europe.
(Click to submit your details) Just one step to get best trading tips and Recommendation.