Closing Market Update:
Key benchmark indices rose for a third straight session on Tuesday to mark their highest close in 1-1/2 weeks, Nifty shut shop at 7927.75 up by 48 points , closing above the psychologically important 7,900 level. Metal stocks got a boost after China's economy grew 7.3 percent in July-September, slightly above expectations.
The market breadth indicating the overall health of the market was positive in Nifty50 stocks, the advance to decline stood at 38 advances to 12 declines.
Key benchmark indices rose for a third straight session on Tuesday to mark their highest close in 1-1/2 weeks, Nifty shut shop at 7927.75 up by 48 points , closing above the psychologically important 7,900 level. Metal stocks got a boost after China's economy grew 7.3 percent in July-September, slightly above expectations.
The market breadth indicating the overall health of the market was positive in Nifty50 stocks, the advance to decline stood at 38 advances to 12 declines.
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