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Sensex logs modest gains in choppy trade

Press Trust of India  |  Mumbai 

The rose 47 points today to close at 35,739.16 in see-saw trade, led by gains in and

Buying picked up after official data showed industrial output expanded by 4.9 per cent in April this year, spurred by higher growth in and sectors.

However, concern prevailed over inching up to 4.87 per cent in May on increase in

The 30-share index opened strong and hit a high of 35,877.41 on sustained buying by domestic institutional investors.

However, it gave up much of the gains on late selling by participants and finally settled at 35,739.16, still up 46.64 points, or 0.13 per cent.

In past two days, the index gained 248.85 points.

Similarly, the broader 50-issue NSE Nifty ended higher by 13.85 points, or 0.13 per cent, at 10,856.70 after moving in the range of 10,893.25 and 10,842.65.

Domestic institutional investors (DIIs) bought shares worth a net Rs 1,327.45 crore, while foreign portfolio investors (FPIs) sold equities worth Rs 1,168.88 crore yesterday, provisional data showed.

Asian markets ended mixed and European stocks rose in their early deals as investors awaited the US Federal Reserve's policy decision, shifting focus away from the historic US-summit in

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

First Published: Wed, June 13 2018. 16:05 IST
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