Sensex closes 217 points higher, Nifty gains too

Shares of Jet Airways dropped 1.7 per cent while Spicejet slid over 2 per cent after the government grounded Boeing 737 MAX 8 aircraft following the deadly crash in Ethiopia.

Written by Newsroom Staff March 13, 2019 17:50

Mumbai: For third consecutive session today, the benchmark indices closed on a high note.

The BSE S&P Sensex closed 217 points higher at 37,752 while the NSE Nifty 50 was up 41 points at 11,342.

The gains were largely driven by IndusInd Bank, Yes Bank, Bajaj Finance, HDFC Bank, and Hindustan Petroleum.

Sensex falls over 100 points

Shares of Jet Airways dropped 1.7 per cent while Spicejet slid over 2 per cent after the government grounded Boeing 737 MAX 8 aircraft following the deadly crash in Ethiopia.

Among other losers were Bharti Airtel, Indian Oil, Vedanta, and Sun Pharma.

Meanwhile, Asian stock markets were mixed amid fresh global uncertainties that weighed on stocks. Traders booked profits from a rally over the past few days.

Sensex drops 155 points, Nifty closes 62 points down

Investors have been closely watching developments in Britain where the Parliament has voted to reject a deal for the country to exit from the European Union.

The move plunges the Brexit process into chaos, barely 17 days before Britain is due to leave the bloc. Concerns over global growth and trade continue to mount with fading optimism over US-China trade talks.

(With ANI inputs)

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