positive
Indian Equity Benchmarks Advance as Sensex Gains About 388 Points
India’s equity markets advanced on Monday with the Sensex rising approximately 388 points and the Nifty50 reclaiming the 26,000 level. Gains were broad-based, led by financial and consumer durable stocks, as investor sentiment lifted by the Reserve Bank of India liquidity relief measures. The BSE index closed at 84,950.95, while Nifty closed at 26,013.45, driven by both robust corporate earnings outlook and positive domestic flows, particularly in banking and large-cap segments.
Analysts noted that the market remains supported by improving macro fundamentals despite global headwinds.
positive
Indian Equity Benchmarks Advance as Sensex Gains About 388 Points
India’s equity markets advanced on Monday with the Sensex rising approximately 388 points and the Nifty50 reclaiming the 26,000 level. Gains were broad-based, led by financial and consumer durable stocks, as investor sentiment lifted by the Reserve Bank of India liquidity relief measures. The BSE index closed at 84,950.95, while Nifty closed at 26,013.45, driven by both robust corporate earnings outlook and positive domestic flows, particularly in banking and large-cap segments.
Analysts noted that the market remains supported by improving macro fundamentals despite global headwinds.
1 min read
84 words
Sensex climbed ~388 points and Nifty crossed 26,000 today, led by financials after RBI liquidity support lifted investor sentiment.
India’s equity markets advanced on Monday with the Sensex rising approximately 388 points and the Nifty50 reclaiming the 26,000 level. Gains were broad-based, led by financial and consumer durable stocks, as investor sentiment lifted by the Reserve Bank of India liquidity relief measures. The BSE index closed at 84,950.95, while Nifty closed at 26,013.45, driven by both robust corporate earnings outlook and positive domestic flows, particularly in banking and large-cap segments.
Analysts noted that the market remains supported by improving macro fundamentals despite global headwinds.
India’s equity markets advanced on Monday with the Sensex rising approximately 388 points and the Nifty50 reclaiming the 26,000 level. Gains were broad-based, led by financial and consumer durable stocks, as investor sentiment lifted by the Reserve Bank of India liquidity relief measures. The BSE index closed at 84,950.95, while Nifty closed at 26,013.45, driven by both robust corporate earnings outlook and positive domestic flows, particularly in banking and large-cap segments.
Analysts noted that the market remains supported by improving macro fundamentals despite global headwinds.
Tags:
markets
stocks
markets
stocks
india
sensex
nifty