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Nifty is likely to make another attempt at a new record high trying to conquer the psychological market of 20,000
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Nifty has been gaining strength and is inching closer towards its life high of 19,992, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services
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In a positive outlook for the Indian stock markets, Morgan Stanley recently stated its expectation of key indices rising by 10 per cent by the time of the next general elections in the summer of 2024, further fueling optimism among investors.
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The BSE Sensex declined 45.66 points to 65,734.60 in early trade. The Nifty slipped 12.75 points to 19,562.15.
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This sustained interest from FPIs, with equity assets worth Rs 1.38 lakh crore bought cumulatively in 2023, is a positive indicator for the markets.
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Equity benchmark indices Sensex and Nifty witnessed volatility in early trade on Thursday and gained marginally as investors await firmer global cues and GDP numbers
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The positive market sentiment reflects optimism among investors, with many keeping a watchful eye on key sectors that continue to drive growth in the Indian stock market.
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Equity benchmark indices began the trade on an optimistic note on Tuesday, extending their previous day's rally
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Equity benchmark indices climbed in early trade on Monday tracking strength in global markets
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Equity benchmark indices fell in early trade on Friday amid a weak trend in global markets
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As such, the stock market's daily fluctuations serve as a reflection of the dynamic and ever-changing landscape of the financial world.
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Equity benchmark indices rallied in early trade on Thursday, extending their winning run for the fourth day running, amid positive global market trends and fresh foreign fund inflows
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Sensex and Nifty closed flat after a volatile trade on Tuesday as investors booked profits amid concerns over potential rate hikes in the US and persistent foreign fund outflows
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Nifty ended higher on Monday aided by buying across metals, power and IT stocks, Deepak Jasani, Head of Retail Research, HDFC Securities
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Equity benchmark indices Sensex and Nifty closed higher on Monday after two days of decline, supported by buying in index majors Infosys, ITC and Bajaj Finance
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UltraTech Cement was the biggest gainer in the Sensex pack, rising 2.43 per cent, followed by NTPC, Tata Motors, Infosys, Power Grid, Mahindra & Mahindra, Larsen & Toubro, Maruti, Wipro and SBI were the major gainers.
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Equity benchmark indices Sensex and Nifty bounced back from intra-day lows to settle in positive territory on Monday
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Domestic equities had weak handover from its global peers as high US inflation and mounting trouble in China's real estate market dented the sentiments
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The trend in the domestic market remained weak post the RBI monetary policy and the unexpected announcement of reducing cash in the banking system
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The stock market on Tuesday witnessed a day of fluctuating trends as market indices closed in the red, reflecting a mixed bag