Mumbai, Nov 13 (UNI) The BSE Sensex recovered on Tuesday by 331.50
points to close postive at 35,144.49 due to heavy buying in Oil &
Gas, Infrastructure, Capital Goods and Auto stocks amid firm
European cues.
The Nifty of National Stock Exchange (NSE) too rose by 100.30 points
to 10,582.50.
Falling crude oil prices and positive macro data also boosted the
investors' sentiment.
The benchmark Brent Crude oil eased to USD 69.23 a barrel after it
had breached above the USD 71-mark on Monday.
Key indices started on a negative note but a sharp recovery by the
Indian rupee later in the day seemed to have bolstered investors'
sentiment, traders said.
The Sensex registered day's high and low at 35,187.75 and 34,672.20
points, respectively.
The Nifty registered day's high and low at 10,596.25 and 10.440.55
points, respectively. Both these indices underperformed the Sensex.
The broader markets also ended positive, as the BSE Mid-Cap and
Small-Cap indices rose by 0.39 per cent and 0.19 pc, respectively.
The market breadth was positive on BSE, as 1,323 shares gained
versus 1,293 fell and 144 were unchanged.
Overseas, European stocks were trading higher on Tuesday, following
a pullback in stocks stateside. Investors are keeping a close eye on
oil prices, after new comments by US President Donald Trump. He said
that the Organization of Petroleum Exporting Countries (OPEC), a
group of oil producers, should not cut supply to prop up the market.
Asian shares ended mixed on the back of US stocks closing sharply
lower Monday. In US, the Dow Jones Industrial Average tumbled 600
points as crude oil prices extended their retreat while a firmer US
dollar also sparked worries about the competitiveness of US
corporations in an increasingly challenging economic environment.
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