The National Stock Exchange (NSE) Nifty50 index which opened near 11,839.90 on a positive note at previous trading session closed 76.75 points up at 11,865.60. During its trading session it touched an intraday high of 11,884.65.
On the other hand, the BSE-SENSEX closed 291.86 points up at 39,686.50 at previous trading session.
The market rally was mostly driven by positive global cues after US-China said both countries will not levy any new tariffs on each other.
As a result, the indices formed a bullish candle on daily candlestick charts.
Rupee Update: The Indian rupee closed 9 paise higher at 68.94 against US dollar as investors’ sentiments were revived by US-China truce.
Taking cues from global sentiment and previous trading session, it is expected to see a flat to the positive opening in today’s trading session.