From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Nifty tops 23,600 at midday as Banks, Telecom lead broad rally
What's behind this
On Tuesday the Sensex jumped 1,225 points as the Nifty crossed 23,800, marking a fourth straight session of gains. The rally was attributed to strong corporate earnings, easing crude‑oil prices, renewed foreign investor buying and buying interest in FMCG and realty stocks, while positive sentiment was also bolstered by the unwinding of AI‑related trades in global markets.
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Market breadth on the BSE was firmly positive, with 2,580 stocks advancing against 1,587 declining and 228 unchanged, out of 4,395 stocks traded
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Market breadth on the BSE was firmly positive, with 2,580 stocks advancing against 1,587 declining and 228 unchanged, out of 4,395 stocks traded