Indian stock markets closed February 05, a session on a positive note as sentiment got a boost after India’s Services PMI in January rose at quickest rates in seven years. The positive global cues also helped indices to settle in green for the third consecutive day. The Sensex rose by 0.87% or 353.28 points to 41,142.66. The Nifty surged by 0.91% or 109.50 to 12,089.
Investors were also cautious on February 05, ahead of the Reserve Bank of India (RBI)’s policy outcome tomorrow.
Asian stock markets were higher on February 05, building on gains from the previous session, after stocks sold off recently due to worries over the new coronavirus outbreaks.
European stocks traded slightly higher on February 05, continuing a rebound seen in Asia despite the coronavirus outbreak.