Nifty, Sensex recover from losses to close higher as softer crude oil prices, easing West Asia tensions lift sentiment
Mumbai, June 9 -- The domestic equity benchmarks closed higher on Tuesday, with both the Nifty 50 and BSE Sensex gaining more than 0.5 per cent, supported by easing of geopolitical concerns in West Asia, softer crude oil prices and broad-based buying across sectors.
The Nifty 50 index closed at 23,242.10, up 119.10 points or 0.52 per cent, while the BSE Sensex settled at 73,918.76, gaining 394.50 points or 0.54 per cent.
Market experts said domestic equities witnessed a recovery after the recent sharp correction as investors took comfort from signs of easing tensions between Iran and Israel and a moderation in crude oil prices.
Vinod Nair, Head of Research at Geojit Investments Limited, said, "Domestic markets are witnessing a mild rec...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.