A trader works at the BFAM Partners Ltd. office in Hong Kong, China. (Photographer: Justin Chin/Bloomberg)

Sensex, Nifty Halt Longest Losing Streak In A Month

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Closing Bell

Indian equity benchmarks snapped their longest losing streak in a month, as easing concerns over trade tensions drove stocks across Asia higher.

The S&P BSE Sensex Index closed 0.9 percent higher at 33,338.78, while the NSE Nifty 50 Index closed at 10,235.95, up 0.8 percent.

However, the market breadth was tilted in favour of sellers. Fifteen out of 19 sectoral gauges compiled by BSE rose led by S&P BSE Realty Index’s 1.6 percent gain. On the flipside, S&P BSE Metal Index was the top sectoral loser, down 0.5 percent.

Sensex, Nifty Halt Longest Losing Streak In A Month
Sensex, Nifty Halt Longest Losing Streak In A Month

Block Deal Alert

  • Dabur India: About 29 lakh shares changed hands in a separate block deal.

Buyers and sellers were not known immediately.

Source: Bloomberg.

European Stocks Gain

Most European equity benchmarks traded higher amid mixed earnings reports.

Sensex, Nifty Halt Longest Losing Streak In A Month

Money Market Update

The Indian rupee slid further from the morning lows. The currency declined by 20 paise to at 64.91 against U.S. dollar as of 2:50 p.m.

Block Deal Alert

  • Dabur India: About 17 lakh shares changed hands in a block deal.

Buyers and sellers were not known immediately.

Source: Bloomberg.