Key Points
BENGALURU (Reuters) -Indian shares began November on a positive note, snapping a two-week losing streak, supported by the U.S. Federal Reserves rate pause which triggered a rise in global equities...
On the day, the Nifty 50 settled 0.51% higher at 19,230.60, while the S&P BSE Sensex rose 0.44% to 64,363.78...
The Feds commentary, which was slightly dovish, has removed a major overhang on Indian markets, which are headed for a rally from now to the end of the year, said Sanjiv Bhasin, director of IIFL Securities...
India will likely attract a lions share of foreign inflows into emerging markets if buying re-emerges after the Fed rate pause, due to its growth potential, said Mayuresh Joshi, head of equity research at William ONeil India...
Apollo Hospitals Enterprises jumped 5.45% and was the top gainer on the Nifty, after Morgan Stanley estimated 25% upside in share prices over next 12 months...
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