Asian markets remained mixed in trade while US stocks closed higher for a second straight session in light volume trading as investors looked for signs of easing in geopolitical tensions.
Indian markets are witnessing a pull-back move after a sharp correction last week. According to analysts, the market is expected to remain rangebound and the upmove may see pressure near higher end of the trading range.
The S&P BSE Sensex was up 166.46 points or 0.65% to 25,685.70. The index gained 225.27 points at the day's high of 25,744.51 in early trade. The index rose 143.46 points at the day's low of 25,662.7 in early trade.
The CNX Nifty was up 42.55 points or 0.56% to 7,668.50. The index hit a high of 7,691.45 in intraday trade. The index hit a low of 7,660.80 in intraday trade.
The market breadth, indicating the overall health of the market, was strong with over two gainers for every loser on BSE. 904 shares gained and 328 shares fell. A total of 43 shares were unchanged.
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