Markets Turn Positive, Sensex Jumps Over 200 Points From Day's Low Featured

Post by  GNN Business Desk 09 Sep 2019 BE_THE_FIRST_TO_COMMENT 20

Domestic stock markets started Monday's session on a lower note despite mild gains in Asian peers.

The S&P BSE Sensex index fell as much as 190.57 points to touch 36,791.20 on the downside in early trade, and the broader NSE Nifty benchmark moved to 10,889.80, down 56.4 points from the previous close.
Losses in banking, auto and metal shares dragged the markets lower however gains in pharmaceutical stocks provided some support. Equities in other Asian markets traded higher amid cautious trade as investors hoped for announcements of stimulus packages in major economies in the world.
MSCI's broadest index of Asia-Pacific shares outside Japan was last up 0.1 per cent, while Japan's Nikkei traded 0.5 per cent higher. Australian stocks edged up 0.1 per cent and South Korea's KOSPI added 0.8 per cent.
Last Friday, Wall Street rose with the Dow Jones industrial average and the S&P 500 indices ending 0.25 per cent and 0.10 per cent higher.
The Sensex and Nifty had ended 337.35 points - or 0.92 per cent - and 98.30 points - or 0.91 per cent - higher respectively on Friday. The Sensex index settled at 36,981.77 while the broader Nifty benchmark shut shop at 10,946.20.

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