Key Points
In the last 4 sessions, Dalal Street investors have turned richer by Rs 9.4 lakh crore as the total market capitalisation of all BSE-listed companies rose to Rs 261.31 lakh crore today.iStock..
NEW DELHI: Beating weak cues from Asian and other global peers following the release of weaker-than-expected US economic data, Sensex rallied ended 583 points higher while Nifty raced past its 200-DMA to cross the hurdle near the 17,500-mark today...
Along with this positive data, improving macros-declining FD and CAD-augur well for the prospects for growth and corporate earnings in FY24," said Dr V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services...
A Reuters poll of foreign exchange strategists showed that the dollar will likely weaken against most major currencies in 2023 as the interest rate gap with its peers narrows, putting the greenback on the defensive after a multi-year run.. 6) Technical factors..
After last week's bullish candle on the weekly charts, Nifty today formed bullish candle on the weekly scale as it closed above its 50-DMA and gave the highest closing of the last seventeen sessions..
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