US President Trump and Chinese leader Xi Jinping have agreed to halt fresh rounds of tariffs.
Investors tracked key economic data, including GDP numbers of the second quarter and October fiscal deficit print.
Investors went for healthy buying, sensing a softer Fed rate hike regime.
Sensex and Nifty took their winning run to the third straight session, driven by IT and bank heavyweights.
The upcoming meet between Trump and Xi indicated a possible truce ahead.
Around 9:25 am, the BSE Sensex was 0.09 per cent down at 35,320.
Better global cues and soft crude oil prices globally nudged participants to go in for more buying.
Amid the subdued market temperament, several analysts advised investors to go stock-specific.
Global cues may remain the most dominant factor that will steer market mood next week.
Nearly Rs 2.51 lakh crore of investor wealth is gone over the past three straight sessions.
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