Key Points
: Indian equity benchmark indices, BSE Sensex and Nifty50, surged in trade on Tuesday to close in green..
After a six-session losing streak, Indian shares rebounded on Tuesday as investors seized the opportunity to buy the dip..
The benchmarks had declined over the past six sessions due to the escalating Middle East conflict, which dampened risk appetite, and foreign institutional investors sold shares worth $6 billion...
The session's foreign and domestic flow data will be released after market hours.. Election results indicated that the ruling Bharatiya Janata Party is set for a surprise victory in the state of Haryana, while the opposition coalition appears poised to form the government in Jammu and Kashmir...
Sunny Agrawal, head of fundamental equity research at SBICaps Securities, said, "The state election results have eased fears that the ruling government in the centre may get weakened by a likely defeat in the two states, aiding the rally"...
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