Markets start July series on positive note ahead of GST launch

Stock markets showed some strength

today as the Sensex and the Nifty ended the day on a high, but

registered losses for the week, ahead of GST rollout.

Today was the opening day of July series derivatives

contracts.

The 30-share Sensex stayed in the negative zone for most

part, but some fag-end buying saw it settle higher 64.09

points, or 0.21 per cent, at 30,921.61.

It had gained 23.20 points in the previous session.

The 50-share NSE Nifty too ended higher by 16.80 points,

or 0.18 per cent, at 9,520.90, after touching a low of

9,448.75 and 9,535.80.

For the week, the Sensex recorded a fall of 216.60

points, or 0.69 per cent, while the Nifty lost 54.05 points,

or 0.56 per cent.

FMCG, healthcare and consumer durable stocks saved the

day for the market.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)