Markets End In Green on Positive Global Cues and Positive Quarterly Earnings

The markets after exhibiting firm trend for most part of the trading day turned a wee bit volatile in late noon trades. The Sensex pared some of its gains in the last hour of trade, however, bounced back to end at 20,466, up 120 points. Earlier in the day, positive global cues and robust corporate earnings buoyed investor sentiment. Global markets are waiting for the Federal Reserve's meet due today. Asian markets ended up as Deutsche Bank raised estimates for Kospi. Hang Seng surged 2 per cent at 24,145. In Europe, CAC added 0.4 per cent at 3,883. Investors await the listing of PSU company, Coal India which will be listed tomorrow. The Sensex closed the day in green gaining 120.05 points or 0.59 percentage points to close at 20,465.74. Nifty ends the day at 6160.50 gaining 41.50 points or 0.68 percentage points. Market breadth was negative with 1,648 advances against 1,322 declines on BSE.