Sensex, Nifty trade in positive terrain; metal shares shine
Mumbai, Sept. 4 -- The key equity indices traded with significant gains in mid-afternoon trade, supported by positive global cues and eased in global bond yields. After a challenging start to September, domestic equities showed signs of stabilisation as investors assessed global macroeconomic developments and ongoing geopolitical uncertainties. The Nifty traded above the 23,950 mark, while market sentiment remained cautious ahead of key US economic data. Investors are closely awaiting the US nonfarm payrolls report, due later today, for further clues on the Federal Reserve's monetary policy trajectory and the outlook for interest rates.
Metal shares gained for second consecutive trading sessions.
At 14:25 IST, the barometer index, the S...
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