Sensex, Nifty end higher as India-EU trade deal boosts sentiment
MUMBAI: India’s benchmark stock market indices ended higher on Tuesday after a highly volatile trading session, supported by improved investor sentiment following the announcement of a bilateral trade deal between India and the European Union.
At the close of trade, the Nifty rose 0.51 per cent, or 126.75 points, to settle at 25,175.40. The Sensex also ended higher, gaining 319.78 points, or 0.39 per cent, to close at 81,857.48.
“A sustained breakout above 25,400 would be required to revive a stronger bullish trend, while a decisive breakdown below 25,000 could invite accelerated selling toward the 24,900–24,600 zone,” an expert stated.
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