FIIs’ fuel equities’ upmove; financial stocks rise (Roundup)

Mumbai, March 9 : Healthy buying in financials and insurance companies fuelled the upmove in India’s benchmark equity indices on Tuesday.
The two stock markets ended on a positive note as FIIs pumped into Rs 2,801.87 crore in the Indian markets.
Globally, stocks steadied on Tuesday, supported by a decline in US and European bond yields.
The US 10-year ‘Treasury Bond’ yields eased to 1.5472 per cent.
Among sectors banking, IT were the main gainers while metals, media, realty fell the most.
Consequently, the S&P BSE Sensex rose by 584.41 points, or 1.16 per cent, to 51,025.48 points from the previous close of 50,441.07.