Indian benchmark indices end on a positive note

The Indian broad market indices on Tuesday opened on positive note and NSE Nifty and BSE Sensex settled for the day at 10935.30 and 36933.53, up by up by 72.70 points and 233.69 points, respectively. On the other hand, global indices ended on a negative note. Asian markets ended mostly lower on Tuesday, with cautious trading owing to rising tensions due to US-China trade war. However, major European indices were trading in positive terrain.

The Indian markets headed into positive territory after taking note from Finance Minister’s statement that the government planned steps to improve the state of the economy fairly quickly after getting inputs from business leaders.

In the equity segment, gross buying was of the order of Rs 4736.41 crore as against gross selling of Rs 6907.37 crore. FIIs were net sellers to the tune of of Rs 2170.96 crore in equities.

The top gainers from the Sensex were Yes Bank, up by 5.3 per cent, Tech Mahindra, up by nearly 4 per cent, Bajaj Finance, up by 3.4 per cent, Hero MotoCorp, up by 2.7 per cent, and Bharti Airtel, up by 3.18 per cent.