The Indian equity market ended with
modest gains on Tuesday amid a day of wild swings. The NSE Nifty was seen
gyrating over 80 points while BSE Sensex swung 300 points between its intra-day
highs and low.
Indices extended winning streak to fifth consecutive sessions on
the back of a strong bounce back in the second half of the day.
Indices staged
a smart come back despite multiple explosion at the Brussels Airport rocked
sentiment.
Today’s recovery was led by the realty, power, capital goods, auto and
utilities stocks. Even the Mid-Cap and Small-Caps also participated in the late
recovery.
Defence stocks rallied after the new Defence Procurement Procedure
(DPP), focusing on India-made products and fast-tracked acquisition process,
was cleared by the top committee of the Defence Ministry on Monday.
The
Indian equity market ended with modest gains on Tuesday amid a day of
wild swings. The NSE Nifty was seen gyrating over 80 points while BSE
Sensex swung 300 points between its intra-day highs and low. Indices
extended winning streak to fifth consecutive sessions on the back of a
strong bounce back in the second half of the day. Indices staged a smart
come back despite multiple explosion at the Brussels Airport rocked
sentiment.
Today’s recovery was led by the realty, power, capital goods, auto and
utilities stocks. Even the Mid-Cap and Small-Caps also participated in
the late recovery. Defence stocks rallied after the new Defence
Procurement Procedure (DPP), focusing on India-made products and
fast-tracked acquisition process, was cleared by the top committee of
the Defence Ministry on Monday. - See more at:
http://www.indiainfoline.com/article/news-top-story/swinging-sensex-settles-flat-nifty-ekes-out-modest-gains-116032200536_1.html#sthash.2HFCNg5Q.dpufThe
Indian equity market ended with modest gains on Tuesday amid a day of
wild swings. The NSE Nifty was seen gyrating over 80 points while BSE
Sensex swung 300 points between its intra-day highs and low. Indices
extended winning streak to fifth consecutive sessions on the back of a
strong bounce back in the second half of the day. Indices staged a smart
come back despite multiple explosion at the Brussels Airport rocked
sentiment.
Today’s recovery was led by the realty, power, capital goods, auto and
utilities stocks. Even the Mid-Cap and Small-Caps also participated in
the late recovery. Defence stocks rallied after the new Defence
Procurement Procedure (DPP), focusing on India-made products and
fast-tracked acquisition process, was cleared by the top committee of
the Defence Ministry on Monday. - See more at:
http://www.indiainfoline.com/article/news-top-story/swinging-sensex-settles-flat-nifty-ekes-out-modest-gains-116032200536_1.html#sthash.2HFCNg5Q.dpuf