The National Stock Exchange (NSE) Nifty50 index which opened near 11,890.30 at previous trading session closed on a higher note near 11,910.30, 44.70 points up. The market plunged in the morning session and almost lost most of its gains but in the afternoon rally, it recovered and closed on a positive note.
During its trading session, it touched an intraday high of 11,917.45. On the other hand, the BSE-SENSEX which closed near 39,816.48, 129.98 points up.
It is the second straight session and closed at a three-week high on optimism of the 2019 Union Budget and hopes on a resolution on ongoing US and China trade war.
Global Market: The US market closed on a positive note where its major indices Dow Jones Industrial Average (DJIA), S&P500, and NASDAQ Composite closed on a higher note at 26,786.68, 2,972.98, and 8109.09 respectively.
Taking cues from the previous trading session and global sentiment, it is expected to see a flat opening in today’s trading session.