From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)US optimism fuels Nifty’s strongest 5-day rally in seven months
What's behind this
Stock markets rallied in early trade on Wednesday, with the benchmark Sensex and Nifty rising and extending a rally for a fifth consecutive day. The gains were driven by foreign fund inflows and easing crude oil prices, which boosted investor sentiment. The 30‑share BSE Sensex climbed 288 points to 77,185.35 in early trade, while the 50‑share NSE Nifty also moved higher.
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Benchmark closes above 200-DMA for first time since August; broader markets outperform amid strong FII inflows
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Benchmark closes above 200-DMA for first time since August; broader markets outperform amid strong FII inflows