Asian shares opened positive but gave up their gains. The stocks were up as May US payrolls report showed the recovery on track, but not so hot that it might bring forward a policy tapering from the Federal Reserve. MSCI s broadest index of Asia-Pacific shares outside Japan was down by 0.29 per cent.
Sensex gains 147 pts; Nifty nears 15,750; sugar stocks rally
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Last Updated: Jun 07, 2021, 01:20 PM IST
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The gains, however, were limited as indices were hovering around their respective resistance levels, as suggested by the technical charts.
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The 30-pack Sensex rose 100 points but was later trading 57 points or 0.11 per cent, higher at 52,157.06. The NSE Nifty was ruling at 15,707.45, up 37.20 points or 0.24 per cent.
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NEW DELHI: Benchmark equity indices were in the green aided by positive cues from the US markets on Friday and Asian equities earlier in the day.
The gains, however, were limited as indices were hovering around their respective resistance levels, as suggested by the technical charts.