Sensex climbs 209 points, Trump-Kim Summit influential

12 June 2018, 04:10 PM
Sensex climbs 209 points on global cues, Trump-Kim Summit influential
Sensex climbs 209 points on global cues, Trump-Kim Summit influential

The BSE Sensex shot 209 points to close at an over four-month high of 35,692.524 points on Tuesday, grabbing positive leads from the globals markets as investors popularly welcomed the historic summit between the United States and North Korea.

The broader NSE Nifty also closed above the 10,800 mark.

Building up of positions by participants ahead of release of IIP and inflation data influenced trading decisions, as per the brokers.

The BSE Sensex continued to stay in the positive field througout the session as they ended the day at 35,692.52 after hitting a high of 35,743.08, higher by 209.05 points or 0.59 per cent.

This is the highest closing since February 1, when the index had closed at 35,906.66.

The NSE Nifty also rose to a high of 10,856.55 before closing up by 55.90 points or 0.52 per cent, at 10,842.85.

The market was hugely influenced after US President Donald Trump signed a deal with North Korean leader Kim Jong-un on deneclearisation of the Korean Peninsula on Tuesday.

Domestic institutional investors (DIIs) bought shares worth Rs 1,062.82 crore, while foreign portfolio investors (FPIs) sold equities worth Rs 1,157.77 crore on Monday, as per provisional data.

First Published: Tuesday, June 12, 2018 03:55 PM
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