The National Stock Exchange (NSE) Nifty50 index which opened near 11,901.30 at previous trading session closed 80.85 points down at 11,657.05. During its trading session, it rallied sharply up and touched the historical high in the morning trade before reversing all the gains.
During its trading session, it crossed the 12,000-mark and touched the intraday high of 12,041.15. This is due to the early trends indicating the victory of BJP-led NDA Alliance.
Global Update: The major indices of Wall Street fell yesterday as investors dumped shares of companies in growth and cyclical sectors. The Dow Jones Industrial Average, S&P500, and NASDAQ Composite fell 286.14 points, 34.03 points, and 122.56 points respectively.
On the other hand, the Asian Shares were at 4-month low on deepening US-China trade war.
Taking cues from the previous trading session and global sentiment, it is expected to see a positive opening in today’s trading session.