Nifty, Sensex close marginally higher as falling crude oil prices support sentiment, auto stocks outperform
Mumbai, June 25 -- Indian equity markets closed with modest gains on Thursday, supported by a sharp decline in crude oil prices, although profit booking during the session capped further upside.
The Nifty 50 index closed at 24,052.85, up 34.35 points or 0.14 per cent, while the BSE Sensex settled at 77,100.47, gaining 109.25 points or 0.14 per cent.
According to market experts, falling crude oil prices supported the rupee and helped maintain positive sentiment in the domestic market.
Vinod Nair, Head of Research, Geojit Investments, said, "The domestic market concluded the day flat, as early intraday gains were offset by profit booking. While a sharp decline in crude oil prices supported the rupee and provided some cushion, it was insu...
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