Indian markets recover on renewed buying
After choppy trades throughout Friday, a key India financial market index managed to stay in the green on the back of sustained buying by foreign institutional investors and domestic institutions.
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After choppy trades throughout Friday, a key India financial market index managed to stay in the green on the back of sustained buying by foreign institutional investors and domestic institutions.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 20,702.94 points, up 0.62 percent against the previous day's close.
It touched a high of 20,894.79 and a low of 20,505.81 before ending with a rise of 1.19 percent or 245.37 points at 20,827.45.
The top five turnover toppers were again from Reliance companies that included Reliance Petroleum, Reliance Industries, Reliance Capital, Reliance Energy and Reliance Communications.
The broader S and amp;P CNX Nifty index of the National Stock Exchange (NSE) mirrored similar sentiments.
Nifty opened at 6,166.65, up 0.24 percent, marked a high of 6,224.20 and ended the day at 62,00.10, up 43.15 points or 0.70 percent.
At NSE, the pack of volume toppers included Reliance Industries, Reliance Natural Resources, Reliance Petroleum, ICICI Bank and Reliance Energy.
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