Positive global cues buoy equity markets 

Mumbai: Domestic markets witnessed a renewed buying interest on Wednesday as positive global indices along with a rise in crude oil prices and a firm rupee buoyed the investors’ confidence. Consequently, the key indices provisionally closed the day’s trade with appreciable gains, as healthy buying was witnessed in automobile, information technology (IT) and consumer durables sectors.

The wider Nifty of the National Stock Exchange (NSE) gained by 76.15 points or 0.94 per cent and closed at 8,204 points. The market barometer 30-scrip Sensex of the BSE, which opened at 26,627.15 points, closed at 26,740.39 points showing a net rise of 215.84 points or 0.81 per cent from the previous close at 26,524.55 points.
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Sensex touched a high of 26,776.17 points and a low of 26,606.31 points during the intra-day trade. The BSE market breadth was skewed in favour of the bulls -- with 1,837 advances and 767 declines. On Tuesday, the key indices ended in the green due to global cues and a recovery from the Brexit hangover. The barometer index surged by 121.59 points or 0.46 per cent, while the Nifty was up 33.15 points or 0.41 per cent.
Source: IANS