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Nifty ends in green after recovering sharply
Nifty ends in green after recovering sharply

Mumbai, Aug 17 : Nifty ended marginally in the positive for the second consecutive session on Wednesday after recovering sharply from the morning weakness, said Deepak Jasani, Head of Retail Research at HDFC Securities.

At close, Nifty was up 0.06 per cent or 12.4 points at 19,446.9, while the BSE Sensex climbed 137.50 points or 0.21 per cent to settle at 65,539.42.

Volumes on the NSE continued to be on the lower side compared to the recent average. Broad market indices rose more than the Nifty even as the advance decline ratio rose to 1.06:1.

Asia-Pacific markets declined on Wednesday, amid worries over discouraging data on China, as well as over the future of the US economy. European stocks were muted after their slump on Tuesday as investors awaited further clues on the path of interest rates from the US Federal Reserve and announcement of a meaningful stimulus from Beijing, Jasani said.


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