ROUNDUP: Dalal Street Rejoices As Indian Stock Markets Continue To Advance Into 5th Week
Indian equities continued their bull run for fifth week in a row, aided by fresh foreign investment inflows and a modest reduction in inflation in both US and India. This week, the overall market capitalization of BSE-listed businesses reached an all-time high. After more than four months, benchmark index Sensex reached the psychologically important 60,000 barrier on August 17, only to decline on August 19 owing to moderate profit booking. … read-more
Tags: ROUNDUP, Dalal street, Indian stocks, Shares, Stock market
Courtesy: ANI
Indian Shares Recover On Energy, IT boost; Reliance up By 6%: Report
Energy and IT sectors helped Indian markets recover from session lows to end higher on November 25, with Reliance Industries leading the way with a 6% gain. NSE Nifty jumped 0.7% to 17,536.25, while BSE Sensex gained 0.78 percent to 58,795.09. "Since Reliance declared a stop in its contract with Saudi Arabia's Aramco, there has been a lot of shopping," said Rahul Shah, VP-Equity Advisory at Motilal Oswal Financial Services Ltd.
Tags: SHARE MARKET, Indian Stock Market, Dalal street, Reliance Industries, India
Courtesy: Reuters