The Indian markets gathered momentum as the day progressed with buying activity picking up towards the end. The BSE-Sensex closed higher by about 166 points, while the NSE-Nifty closed higher by about 38 points. Gains were seen in stocks across the board with those from the capital goods and realty spaces leading the pack. BSE Mid Cap and BSE Small Cap indices ended the day on a strong note as well with respective indices closing higher by about 0.7% and 0.2% respectively.
European shares fell for a second straight session on Thursday, with lingering concerns of a Greek debt default following a lack of progress in negotiations with its creditors. Asian markets finished broadly lower today with shares in China leading the region. The Shanghai Composite is down 3.46% while Hong Kong's Hang Seng is off 0.95%. The rupee was trading flat at 63.59 in the mid-session against the US$.
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