The Indian equity market close in positive terrain after strong global clues. Controller General of Accounts released the fiscal deficit data for April-December 2015-16, and it stands at 87.9% of FY16 target. The fiscal deficit stands at Rs 4.88 lakh crore as against Rs 5.32 lakh cr YoY, and which is slightly higher than the April-November data released last month which came in at Rs 4.83 lakh crore.
The BSE Sensex opened at 24,347, touched an intra-day high of 24,912 and low of 24,341. It finally ended with a gain of 401 points at 24,871.
The NSE Nifty opened at 7,413 hitting a high of 7,576 and low of 7,403, before ending with a gain of 139 points at 7,563.5.
The India VIX (Volatility) index was down 3.68% to 17.2400. On the global front, China's Shanghai Composite index closed up 2.9% and Hang Seng closed jumped 2.4%.
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