Sensex Ends 181 Points Higher; Energy And Healthcare Stocks Witness Buying

Indian share markets continued to trade on a positive note during closing hours but ended their session off day's high.

At the closing bell, the BSE Sensex stood higher by 181 points (up 0.5%) and the NSE Nifty closed higher by 59 points (up 0.5%).

The BSE Mid Cap index ended up by 0.3%, while the BSE Small-Cap index ended the day up by 0.1%.

On the sectoral front, gains were seen in the healthcare sector and the energy sectorRealty sector and consumer durables sector, on the other hand, witnessed selling.

Asian stock markets finished on a negative note as of the most recent closing prices. The Hang Seng stood down by 0.75% and the Nikkei was trading down by 0.62%, while the Shanghai Composite was trading down by 0.78%.

European markets were also trading on a negative note. The FTSE 100 was down by 1.24%. The DAX was trading down by 0.98%, while the CAC 40 was trading down by 0.70%.

The rupee was trading at 71.84 to the US$ at the time of writing.

In the news from commodities space, gold was trading on a volatile note today. Prices for the yellow metal fell for the second straight day today.

After the recent decline, gold prices are now down about Rs 1,800 per 10 grams from September highs of about Rs 40,000 per gram.

Gold prices have been weighed down this week as optimism grew about US-China trade ties following a report of "constructive talks" over the weekend, while losses were capped by a softer dollar.

Gold is considered a safe store of value during times of economic or political uncertainty.

Market participants now await minutes of the Federal Reserve's last policy meeting which is due today for clues about the future interest rate trajectory.

Gold is highly sensitive to interest rates, as a lower interest reduces the opportunity cost of holding the non-yielding bullion.

Speaking of gold, how lucrative gold has been as a long-term investment in India?

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