The NSE Nifty50 index which opened near 12,021.10 at previous trading session closed on a positive note near 12,012.05, 46 points up. During the session, the index touched the intraday low of 11,966.05.
On the other hand, the BSE-SENSEX closed near 40,653.74, 183.96 points up while opening at 40,625.64. It is the first time since June when Nifty50 index closed above 12,000 levels.
Global Market: On the signs of progress in U.S.-China trade relations, the major indices of Wall Street DJIA and S&P500 indices closed on a record high to 27,674.8 and 3,085.18 levels respectively.
The domestic market regulator Securities & Exchange Board of India (SEBI) has imposed a total fine of Rs. 1.32 crore on 16 entities for conducting fraudulent trading in the scrip of Polytex India Ltd.
Taking cues from the previous trading session and trend on SGX Nifty, it is expected to see a negative opening in today’s trading session.