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Bank recapitalisation: Sensex marks first gain of 2018, rebounds 176 points

Investors also took heart from upbeat macro indicators and firm global cues, brokers said

Press Trust of India  |  Mumbai 

BSE, Sensex, stocks

The benchmark reversed a three-session slide to close at 33,970 on Thursday after the moved forward on its recapitalisation programme. Investors also took heart from upbeat macro indicators and firm global cues, brokers said. The opened higher at 33,912.49 and hovered in a range of 33,995.40 to 33,802.13 before finishing at 33,969.64, showing a gain of 176.26 points or 0.52 per cent. The gauge had lost 263.45 points in the previous three sessions. The NSE 50-share also closed higher by 61.60 points, or 0.59 per cent, at 10,504.80 after shuttling between 10,513 and 10,441.45.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Fri, January 05 2018. 00:35 IST
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