Key Points
Benchmark indices extended their winning run on May 9, in the morning, helped by continuous buying from foreign institutional investors and on signs that recession fears in the U.S. are easing...
The NSE Nifty advanced 54.35 points to 18,318.75...
Also, helping sentiments will be the fact that FIIs bought shares worth 2,124 crore while Domestic Institutional Investors (DIIs) too bought shares worth 245 crore," said Prashanth Tapse, Senior VP (Research), Mehta Equities Limited...
Foreign Institutional Investors (FIIs) were net buyers on Monday as they bought equities worth 2,123.76 crore, according to exchange data...
"There are three prominent factors which are driving the ongoing rally in the market: One, better-than-expected strength of the U.S. economy and the increasing confidence that the U.S. will succeed in avoiding a bad recession...
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