Stock Market News

Can BSE Sensex Sustain it’s Positive Move?

Sharing is caring!

The BSE Sensex rose by nearly 267 points to hit a near two-week high of 35,645.40 on bouts of buying towards the fag-end of the session, mainly in bank and auto shares, after the Centre hiked MSP for most kharif crops.

The benchmark index moved in a narrow range for most part of the day due to weak global cues amid concerns related to trade tariff spat and macro-economic conditions but the late buying in some key sector stocks helped the Sensex come out of range-bound trading.

Consistent buying by domestic institutional investors and encouraging services PMI data for June also helped in lifting trading sentiment.

SMEStreet Desk

SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs.

Related Articles

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: