India’s Nifty and Sensex closed Monday in the green, set to open lower on Tuesday.
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- India’s Nifty and Sensex closed Monday in the green, set to open lower on Tuesday.
- On Monday, Nifty hit an all-time high near 22,190, Sensex closed in on $73,000.
- Nifty and Sensex traders brace for a relatively light India’s economic docket and Fed Minutes from the US.
The Sensex 30 and Nifty 50, India’s key benchmark indices, ended on the right side in Monday’s trading, shrugging off a cautious mood seen in their Asian counterparts. The Nifty 50 hit a new all-time high of 22,186.65 but pulled back into the close.
Indian indices look to a lower open on Tuesday, as investors will likely consolidate the recent bullish momentum before placing fresh bets.
The National Stock Exchange (NSE) Nifty 50 closed 0.37% higher on the day at 22,122 while the Bombay Stock Exchange (BSE) Sensex 30 gained 0.39% to settle just above 72,700.
The US stock markets were closed on Monday, in observance of Presidents’ Day.
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