INDIAN BENCHMARK edged higher in a range bound trade as stimulus hopes in China and Japan in the wake of recent weak economic data offset disappointment from the latest batch of corporate earnings of India Inc. The BSE Mid-Cap index rose 1%. The BSE Small-Cap index gained 1.29%.
The Sensex gained 135.09 points or 0.49% to settle at 27,214.60. The gains for the Sensex were lower in percentage terms than those for the 50-unit CNX Nifty index. The 50-unit CNX Nifty rose 48.45 points or 0.59% to settle at 8,238.15.
GLOBAL MARKET CHASE
ASIAN STOCKS rose after upbeat U.S. price and jobless claims data eased recent concerns over the U.S. economy, but trading activity was subdued as investors looked ahead to more
catalysts
U.S. STOCKS index futures poised for a lower opening at the Wall Street on Friday.
EUROPEAN STOCKS extended the previous session's rally tracking strong gains on Wall Street and in Asia, as some U.S. data releases eased concerns about the pace of recovery in the world's biggest economy.
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