Mumbai: After the slide of five seasons, Sensex made a strong health benefit On Tuesday, it closed at 57,858 with a gain of 367 points. Initially, it hit an intraday low of 56,410 after which it was picked up by bargain hunting at lower levels index and improve it investor Slight feeling.
However, traders did not raise their hands as the US markets continued to fall in the evening. Indian markets are closed on Wednesday. Therefore, when the local markets open on Thursday, traders here will have to account for two trading sessions outside India.
The session started on a very bearish note and the Sensex fell to the day’s low, but soon the recovery started. After some volatility, the index finally closed in the green after five sessions ending in the red. Tuesday’s profit came despite net sales of Rs 7,095 crore by foreign funds, while local institutions were net buyers of Rs 4,544 crore. Data from BSE and CDSL shows that so far this month, foreign funds have made net sales of over Rs 22,100 crore (about $3 billion).
However, traders did not raise their hands as the US markets continued to fall in the evening. Indian markets are closed on Wednesday. Therefore, when the local markets open on Thursday, traders here will have to account for two trading sessions outside India.
The session started on a very bearish note and the Sensex fell to the day’s low, but soon the recovery started. After some volatility, the index finally closed in the green after five sessions ending in the red. Tuesday’s profit came despite net sales of Rs 7,095 crore by foreign funds, while local institutions were net buyers of Rs 4,544 crore. Data from BSE and CDSL shows that so far this month, foreign funds have made net sales of over Rs 22,100 crore (about $3 billion).
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