Key domestic indices closed with gains of more than half a percent amid positive cues from global share markets on Friday. The Sensex at the Bombay Stock Exchange closed above 63,350 mark while the Nifty at the National Stock Exchange also settled above the 18,800 level. The Sensex advanced 467 points or 0.74 per cent to finish at 63,385. The Nifty added 138 points or 0.74 per cent to end at 18,826.
In the forex market, the rupee appreciated 25 paise to close at 81 rupees and 94 paise against the US dollar.
Gold prices, at Multi Commodity Exchange for August contracts, were trading at around 59,513 rupees per 10 gram. On the other hand, silver were trading at 72,947 rupees per kilogram for July Contracts when reports last came in.
Oil slipped as a weaker economic outlook and the prospect of further interest rate hikes dogged sentiment, outweighing a tighter market in the second half of the year owing to higher Chinese demand and OPEC supply cuts. In intra-day trade, Brent crude was trading at 75 dollars and 81 cents a barrel
News On AIR | June 16, 2023 6:22 PM | Key domestic indices witness modest gains
Key domestic indices close with gains of more than half a percent amid positive global cues