Key benchmark indices edged higher as world stocks rose after better-than-estimated Chinese trade data eased concern that the global economy is slowing and a U.S. House deal extending the federal borrowing authority. The BSE Sensex, and the 50-unit CNX Nifty, both, hit their highest closing level in more than 1-1/2 weeks. CNX Nifty shut shop up by 21 points (0.35%).
Shares in railway companies, including Kernex Microsystems (India) (KMIL.NS), Kalindee Rail Nirman Engineers (KALI.NS) and Titagarh Wagons (TITW.NS), fell after the interim railway budget unveiled on Wednesday lacked any major capital spending announcement. The market breadth, indicating the overall health of the market was negative. In Nifty50 stocks the advances to declines stands at 24 advances to 25 declines, 1 unchanged.
Shares in railway companies, including Kernex Microsystems (India) (KMIL.NS), Kalindee Rail Nirman Engineers (KALI.NS) and Titagarh Wagons (TITW.NS), fell after the interim railway budget unveiled on Wednesday lacked any major capital spending announcement. The market breadth, indicating the overall health of the market was negative. In Nifty50 stocks the advances to declines stands at 24 advances to 25 declines, 1 unchanged.
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