Indian equities bucked the trend in other global markets to end the day in the green. This is the third straight session that markets have closed in the green with the benchmark Sensex gaining 1410.99 points or 4.94% to close at 29,946.77.
Led by banking stocks, the broader Nifty50 ended the day higher by 323.6 or 3.89% to close at 8641.45. According to the provisional data on the exchanges, foreign portfolio investors (FPIs) sold equities worth $64.35 million on Thursday. The net sales figures of FPIs have been steadily declining over the past few days. The market breadth remained remained positive with NSE Midcap gaining 3.11% and NSE Smallcap gaining 3.17%, respectively.
Nifty50 closed higher at 8641.45 level, 323.60 points, or +3.89 per cent. Nifty Support : 8550 and 8450 Resistance : 8800 and 9000.
