Equity benchmarks extended rally, aided by banks, infra, oil and FMCG stocks. The 30-share BSE Sensex surged 234.34 points to 25134.80 and the 50-share NSE Nifty jumped 73.40 points to 7670.40.
The broader markets gained 1 percent too, supported by strong market breadth. About 1596 shares advanced against 535 declining shares on BSE.
Oil futures rebounded in Asian trade, buoyed by a forecast for a less than expected build in crude oil stockpiles last week. A weakening dollar also lent some support but concern that a two-month rally was fading in an oversupplied market put a ceiling on gains.
Brent futures climbed 27 cents to USD 39.41 a barrel after settling down $1.13 in the previous session. US crude rose 36 cents to USD 38.64 a barrel after ending the previous session down USD 1.11.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
| Stock Tips | Nifty Futures Tips | Forex Tips | MCX Tips | Stock Futures Tips |
No comments:
Post a Comment