Key Points
New Delhi [India], March 30 (ANI): Indian stock market indices closed the financial year 2023-24 on a firm note, with Sensex and Nifty rising in the range of 0.8-0.9 per cent on Thursday, backed by firm economic growth forecasts by various global watchdogs and political stability at the federal level...
Sensex settled 0.88 per cent or 639 points higher at 73,635 points, and Nifty 0.92 per cent or 203 points at 22,326 points on Thursday, the last session of 2023-24...
Indian equities closed the day and fiscal year on an optimistic note, with volatility by the end of the session, as buying by retails, DIIs, and FIIs surged across categories, said Vinod Nair, Head of Research, Geojit Financial Services...
However, the emphasis is on large-cap due to the persisting premium valuations of mid-cap stocks, which could pose a concern on the broad market in the short to medium term...
Foreign portfolio investors who had aggressively sold Indian stocks and turned net sellers in the Indian equity market in January 2024 became net buyers in February and March..
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