Domestic equity market benchmarks BSE Sensex and Nifty 50 posted gains on Thursday on the back of positive global cues. The 30-share index Sensex advanced 483 points or 1.54 per cent to 31,863. The broader Nifty 50 index settled 126 points or 1.38 points up at 9,314. Asian stock markets fell after an overnight report raised doubts over a potential coronavirus treatment, Reuters reported. Nikkei 225 shed 0.99% while the Topix index declined 0.78% and the Kospi fell 0.82%. US stocks too ended lower after a report that an experimental antiviral drug for the coronavirus flopped in its first randomised clinical trial. The Dow Jones Industrial Average rose 0.17% to end at 23,515.26 points, while the S&P 500 lost 0.05% to finish at 2,797.8. The Nasdaq Composite slipped 0.01% to 8,494.75.
Nifty50 closed higher at 9313.90 level, +126.60 points, or 1.38 per cent. Nifty Support :9200 and 9100 Resistance : 9350 and 9450.
