Mumbai, Oct 15 (SocialNews.XYZ) Trade-related optimism kept the sentiments in the global markets upbeat on Tuesday. In India, the Sensex closed 291 points higher while the Nifty finished at 11,428.
Green shoots from US-China trade talks added positivity while outperformance in domestic auto stocks in expectation of festival demand further lifted the sentiment, said Vinod Nair, Head of Research, Geojit Financial Services.
Analysts said that markets finished in the green also because the FIIs have been net buyers in the last two days, given the stability in global market.
The Sensex finished at 38,506.09, up 291.62 points while the Nifty gained 87.15 points to end at 11,428.30.
Source: IANS
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz