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Greetings from StockInvestingTips, Your one stop website for daily updates from Indian stock markets. Today was a good day for Indian stock markets as major indices including BSE's SENSEX and NSE's NIFTY closed higher today as investors became optimistic about decrease in inflation and hopes about interest rate cut by RBI.
The 30 component benchmark index SENSEX closed up by over 1.2 percent or 242.77 points at 19,906.41 Major boost came in from postponment of General Anti Avoidance Rule (GAAR) for two years till April 2016. The most watched index closed at 2 year high today.
The broader index NSE's NIFTY ended the day above the 6000 mark, closing up by 72.75 points at 6,024.05. Realty stocks and IT sector stocks saw heavy buying today. The IT sector ended the day higher by 2.57 percent, banking stocks also up. But stock markets may see some decline in coming trading sessions on profit booking.
HAPPY TRADING!
The 30 component benchmark index SENSEX closed up by over 1.2 percent or 242.77 points at 19,906.41 Major boost came in from postponment of General Anti Avoidance Rule (GAAR) for two years till April 2016. The most watched index closed at 2 year high today.
The broader index NSE's NIFTY ended the day above the 6000 mark, closing up by 72.75 points at 6,024.05. Realty stocks and IT sector stocks saw heavy buying today. The IT sector ended the day higher by 2.57 percent, banking stocks also up. But stock markets may see some decline in coming trading sessions on profit booking.
HAPPY TRADING!
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