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Sensex, Nifty extend gains for ninth session; longest streak since 2014

The Sensex gained 0.26%, or 90 points, to 34,395, while the Nifty50 index rose 0.2%, or 20 points to 10,549

Markets, Up, Down, BSE, NSE, Stocks
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Photo: Shutterstock.com

Agencies
Benchmark indices logged their ninth straight gain on Tuesday, its longest run of gains since 2014, after the weather bureau forecast normal monsoon rains for the year.

Besides, positive cues from other Asian markets and a higher opening in European shares following an encouraging lead from Wall Street had a good influence on trading.

The BSE Sensex has slipped into the negative territory at least thrice during Tuesday’s session. However, it managed to end in the green on the back of gains in index heavyweights HDFC and ITC. The index had last gained for nine consecutive sessions in September 2014.