Taking Stock: Border tension, rise in COVID cases cap upside; Nifty closes above 11,350

Episode 2859,   Sep 07, 2020, 11:51 AM

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Indian markets snapped two-day losing run on September 7 to close the green, with the Nifty50 reclaiming the crucial 1,1350 level towards the close, which is a positive sign for the bulls.

The S&P BSE Sensex rose 60 points to close at 38,417 while the Nifty50 gained 21 points to end at 11,355. Trading was subdued as the US market is closed for Labour Day.