The benchmark indices ended with decent gains after a volatile session on Tuesday. Media updates on the PSU disinvestment front led to heavy buying momemtum in the last hour of trade. Telecom shares shot up on proposals to raise tariffs from December. Index heavyweight Reliance Industries hit a record high level. Bharti Infratel, Bharti Airtel, Axis Bank, Reliance Industries and Power Grid Corp were among major gainers on the Nifty, while losers were Yes Bank, M&M, Zee Entertainment, TCS and Tata Steel.
Global Markets
Boeing’s 737 MAX took center stage at the Dubai Airshow on Tuesday as the U.S. planemaker prepared to announce orders for dozens of aircraft as it seeks to restore confidence in the jet amid a worldwide grounding.- World shares touched their highest in nearly two years on Tuesday as investors maintained bets that the United States and China can reach a deal to end their damaging trade war.STOXX 600 (STOXX) up by 0.4%.
Nifty Chart
The Nifty 50 index closed positive 0.47% at 11,940.10, on 19.11.2019. Nifty Support : 11870 and 11800 Resistance : 11980 and 12030.
