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HomeNewsGlobal cues, healthy inflows lift market; energy stocks’ rise (Roundup)

Global cues, healthy inflows lift market; energy stocks’ rise (Roundup)

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New Delhi, Dec 11 : Strong global sentiment, along with healthy fund inflows amid renewed buying, pushed the Indian equity market higher on Friday.
The market opened with a gap up following Thursday decline.
Globally, positive news on Covid-19 vaccines’ progress boosted investor sentiment, but concerns over probable no-deal Brexit capped gains.
Consequently, after making initial gains, Asian and European shares came under selling pressure.
On the domestic front, Nifty too came under selling pressure due to weakness in European indices.
However, a last hour buying spree aided the indices to close in the positive territory.

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