Sensex halts 9-day losing streak - News Summed Up

Sensex halts 9-day losing streak


Earlier, US president Donald Trump said he believed discussions with China "will be very successful." Trump said he’ll meet China’s Xi Jinping and Russia’s Vladimir Putin at the G-20 summit in Japan slated for June. At closing, Sensex was up 0.6% to 37,318.53 points, while the NSE Nifty 50 index rose 0.66% to 11222.05 points. In the last nine sessions, Sensex fell nearly 5% or 1,900 points, while the Nifty shed around 5% or 600 points. On the earnings front, 17 of the 27 Nifty companies that have reported Jan-Mar results so far have either met or exceeded estimates.


Source: Mint May 14, 2019 11:03 UTC



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