Moments of cheer: Nifty posts single one day gain in past 6 months
Shital Jibhe / 25 Nov 2016
The markets on November 25 started on a positive note as all the Asian markets opened green. Indian equity markets closed higher, with Sensex ending 456 points up and Nifty closing 149 points up, its single one day gain in the last 6 months. HCL Infosystems ended as the largest gainer followed by Adani Transmission, Amtek Auto, J Kumar Infra.
The markets on November 25 started on a positive note as all the Asian markets opened green. Indian equity markets closed higher, with Sensex ending 456 points up and Nifty closing 149 points up, its single one day gain in the last 6 months. HCL Infosystems ended as the largest gainer followed by Adani Transmission, Amtek Auto, J Kumar Infra.
On the other hand, Indian rupee on Friday jumped 0.5 per cent, the maximum gains in two months, against the US dollar, supported by the suspected intervention of the Reserve Bank of India (RBI) in the currency market.
It would be interesting to see how the Indian markets open on November 28. All eyes will be on the International markets. US markets were closed on November 24 as they observed Thanks giving day. However, the US markets which will open in the next couple of hours will be the key and detrimental for the Indian markets opening of November 28.