Stock Market Closing News:
Equity benchmarks gained strength on Wednesday after two-day of consolidation and correction, ahead of expiry of August derivative contracts on Thursday, the last day of truncated week.
Equity benchmarks gained strength on Wednesday after two-day of consolidation and correction, ahead of expiry of August derivative contracts on Thursday, the last day of truncated week.
The cabinet committee members will be meeting in evening
today, which also drove the market higher. Report suggested that the cabinet
may clear divestment of government’s 5 percent stake in ONGC via offer for sale
(OFS) and may approve coal supply linkages to power plants.
The 50-share NSE Nifty continued to hold the 7900-mark, up 31.30
points to close at 7936.05 while the 30-share BSE Sensex climbed 117.34 points to
26560.15.
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