- Internationally, declining trade tensions between America and China and crude oil prices also came down.
The rupee strengthened against the dollar. - Quarterly results of companies like GAIL, Tech Mahindra, Sun Pharmaceutical and Grasim Industries closed with profits.
- And IT, Metallic, and fuel shares buying high volume by investors are the main reasons for market gains.
Commodity and Forex Markets
- Gold and silver prices closed with low profits while crude oil May month contract ended with a sharp fall in oil prices.
- The rupee strengthened by 0.24 paisa against the dollar.