Sensex, Nifty begin 2020 on positive note as financial, IT stocks advance
5 years ago

Sensex, Nifty begin 2020 on positive note as financial, IT stocks advance

India TV News  

The BSE benchmark Sensex settled in the green on the first trading day of 2020 on Wednesday, tracking gains in index heavyweights Infosys, HDFC twins and Larsen & Toubro. "Indian markets started the New year on a positive note without much cues on global front as markets remained closed. Sentiments remained positive on report that India's current account deficit narrowed to 0.9% of GDP, or USD 6.3 billion, in the September 2019 quarter, on account of lower trade deficit," said Narendra Solanki, Head Fundamental Research - AVP Equity Research, Anand Rathi Shares & Stock Brokers. In the first session of the year, major indices lost initial gains and traded marginally higher with investors and traders seeing buying into mid and small cap stocks, Rathi added.

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