Sensex Gains Over 200 Points, Nifty Above 15,000

2021-03-16 03:51:36

Sensex Gains Over 200 Points, Nifty Above 15,000

The domestic stock markets have opened firm, after correcting for two straight sessions, on the back of conducive global cues. At 9:17 am, the Sensex was at 50,653.15, higher by 229.55 points or 0.45 per cent and the Nifty was at 15,000.15, up 59.85 points or 0.45 per cent.

The S&P 500 and Dow Jones Industrial Average closed at a record high on Monday as investors eyed an economic recovery from the coronavirus impact and awaited cues from the Federal Reserve this week amid caution over rising borrowing costs.

The Dow Jones Industrial Average rose 0.53 per cent to end at 32,953.46 points, while the S&P 500 gained 0.65 per cent to 3,968.94 and Nasdaq Composite climbed 1.05 per cent to 13,459.71.

Meanwhile, oil prices edged lower on Monday, pulling back from early gains fostered on strong Chinese economic news and ongoing supply restraint from major oil producers.

Brent crude futures for May settled at $68.88 a barrel, losing 34 cents. U.S. West Texas Intermediate crude for April settled at $65.39 a barrel, shedding 22 cents.

On Monday, the BSE Sensex fell 397 points to close at 50,395.08 and the Nifty was down 101.50 points to 14,929.50.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

Source link

Leave a Reply