Sensex, National Stock Exchange end higher for 8th session in a row on positive macro outlook - News Summed Up

Sensex, National Stock Exchange end higher for 8th session in a row on positive macro outlook


The Sensex managed to close in the positive zone for the eighth straight session today by climbing some 113 points following a slew of positive economic data that revived overall investors' sentiment despite mixed global cues. The flagship Sensex during the session swung both ways --nearly 408 points -- on hectic selling and buying activity by participants. According to government data, inflation based on wholesale prices eased marginally to 2.47 per cent in March on cheaper food articles, especially pulses and vegetables. Wholesale inflation was 2.48 per cent in February and 5.11 per cent in March last year. The 50-share NSE Nifty too moved in a wide range on hectic selling and buying and finally closed 47.75 points, or 0.46 per cent, higher at 10,528.35.


Source: dna April 16, 2018 10:41 UTC



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