Sensex reclaims 35,000 as Koreas talk peace

Published July 16, 2018 Total Comments : 0

MUMBAI: The stock market extended its quiet ascent with the Sensex reclaiming the 35,000 mark and the Nifty mounting 10,700 for the first time in three months, mirroring strength in Asian equities after geopolitical tensions in the Korean peninsula receded.

Continued flows from domestic institutions, mainly mutual funds, and absence of major foreign fund selling in the last one month have helped the benchmark indices erase bulk of their losses in February and March.

Leave a Reply

Your email address will not be published. Required fields are marked *