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Short-covering lifts equity markets

Short-covering lifts equity markets

Tuesday, April 18, 2017, 2:40 PM

The Indian equity markets traded on a positive note during the mid-afternoon trade session on Tuesday, on the back of short-covering in banking, automobile and oil and gas stocks. However, gains were capped due to bearish global cues and caution over the upcoming monsoon update. The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched higher by 18.55 points or 0.20% to 9,157.85 points.
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