The Indian markets which started on a positive note this morning had consolidated further during the day and also witnessing good buying interest in the later part of the day to close firmly in green. Almost all the sectoral and broader indices closed the day in green with the only exception being the Healthcare index closing in red declining 0.28 percentage points. The main gainer for the day are the IT, Oil & Gas and Metal index of which IT index closed more than three and half percentage points in green while the other two mentioned earlier closed by more than one and half percentage point in green. The Sensex closed the day in green gaining 273.22 points or 1.60 percentage points to close at 17,338.17. Nifty ends the day at 5197.70 gaining 78.35 points or 1.53 percentage points. Market breadth was positive with 1,875 advances against 971 declines on BSE. On the global front, European stocks rose for a fourth day as a report showed the region’s industrial production increased more than economists forecast in April. Asian shares and U.S. index futures gained.

Source: Dalal Street investment Journal
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