Markets Halt Losing Streak: Sensex Up 0.4%, Nifty Closes at 12,137
The Indian rupee erased all early gains and traded at day’s low level 73.01 per dollar.
Indian equities ended higher for the fourth consecutive trading session after the Monetary Policy Committee decided to keep interest rates unchanged as expected on Tuesday, 3 March.
The S&P BSE Sensex rose 0.4 percent to close at 41,306.03 and the NSE Nifty 50 rose 0.4 percent to close at 12,137.95. The broader markets represented by the NSE Nifty 500 Index rose 0.53 percent, reports Bloomberg Quint.
The Indian rupee erased all early gains and traded at day's low level 73.01 per dollar after opening higher by 28 paise at 72.46 per dollar versus previous close 72.74, reports Moneycontrol.
Indian equities opened higher after falling for seven consecutive trading sessions on Tuesday
The S&P BSE Sensex rose as much 529 points and opened at 38,673, while NSENifty 50 rose 161 points and opened at 11,293 on Tuesday.
All the 11 sectoral guages complied by NSE traded higher, led by Nifty Metal Index's 2.8 percent advantage.
(With inputs from BloombergQuint)
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