Sensex, Nifty end higher as investors await Q1 GDP data; RVNL up 4%

Posted on:
Key Points

The S&P BSE Sensex rose 231.16 points to82,365.77, while the NSE NIfty50 settled83.95 higher at25,235.90.. ...

Benchmark stock market indices ended the trading session on a positive note on Friday as investors remain optimistic about Q1 growth projections due later in the day...

The broader market indices also ended the trading session on a positive note as volatility dipped, reflecting the positive sentiments amongst retail investors...

"However, the dollar is strengthening given healthy US GDP growth, strong retail sales and expectation that the upcoming US job claims will be steady leading to shallow rate cuts in the future..

Though the domestic market is currently showing a positive bias, the Indian Q1 GDP growth is expected to be moderate, while premium valuation and a lack of fresh triggers could see further momentum buildup in value stocks," he added...

You might be interested in

Sensex, Nifty gain as strong Q3 GDP growth lifts mood on Dalal Street

01, Mar, 24

The S&P BSE Sensex was up 639.51 points at 73,139.81 at 10:02 am, while the Nifty50 rose 201.65 points to 22,184.45. Broader market indices also opened the day on a positive note.