Broad-based buying lifts Indian markets as metals and midcaps lead strong November 26 rebound

Indian markets rallied sharply as midcaps, smallcaps, and metals outperformed amid softer US data and rising expectations of a December Federal Reserve rate cut.

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Broad-based buying lifts Indian markets as metals and midcaps lead strong November 26 rebound

Broad-based buying lifts Indian markets as metals and midcaps lead strong November 26 rebound
Indian equities logged their strongest intraday rebound in five months on November 26 as the Nifty 50 gained 1.23 percent to close at 26,203 and the Sensex advanced 1.21 percent to end at 85,609. Both indices moved within 0.30 percent of their record highs, supported by notable strength in metals, midcaps, and smallcaps following a decline in the US Dollar Index. 
Companies:
  • Reliance Power
  • GMDC
  • MCX
  • Paytm
  • JSW Steel
  • CDSL
  • Tata Power
Tags:
  • markets
  • india