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Sensex closes high on GST meet outcome hopes

Press Trust of India  |  Mumbai 

Stocks consolidated in a volatile session today as the closed in positive space after two sessions of fall, ahead of the outcome of the Council meet amid a good set of earnings from and others.

The 30-share Sensex, which had lost 512.38 points in the previous two sessions, edged up 32.12 points, or 0.10 per cent, to close at 33,250.93 after trading between 33,463.80 and 33,111.54.

During the day, the benchmark swung almost 350 points (both sides).

The 50-share ended flat, up 5.80 points, or 0.06 per cent, at 10,308.95. Intra-day, it touched a high of 10,368.45 and a low of 10,266.95.

Expectations that the (Goods and Services Tax) Council may offer relief to some sectors through reduction in rates at its meeting starting today supported the rebound, traders said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, November 09 2017. 16:07 IST