Key benchmark indices rose for a second
consecutive session on Tuesday to its highest close in a week as
blue-chips such as Reliance Industries gained after foreign investors
snapped a five-day selling streak in index
futures. CNX Nifty shut shop up by 16 points at 6715. Today, India’s
HSBC Services Purchasing Managers' Index compiled by Markit, rose to
48.5 in April from 47.5 in March, but held stubbornly below the 50-mark
that divides growth from contraction.
The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 26 advances to 24 declines.
The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 26 advances to 24 declines.
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