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Markets rise on global cues, vaccination drive
TIWN
TIWN
PHOTO : TIWN
Mumbai, April 22 (TIWN) Global cues, along with accelerated vaccination drive and bottom fishing, pushed India's benchmark indices higher on Thursday.
On the domestic front, banks, metals and realty were the main gainers while FMCG and consumer durables were the loss leaders. The S&P BSE Sensex traded at 48,080.67, higher by 374.87 points, or 0.79 per cent, from its previous close. The Nifty50 on the National Stock Exchange traded at 14,406.15, up 109.75 points or 0.77 per cent, from its previous close. "Despite a surge in corona cases, traders went in for bottom fishing on the weekly F&O expiry day, reversing a streak of two day loss," said Deepak Jasani, Head of Retail Research at HDFC Securities.
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