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The successful G20 summit and buying in index majors Reliance Industries and HDFC Bank also added to the winning momentum in equities
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Equity benchmark indices extended their rally for the seventh day running on Monday as investors continued to remain optimistic about the domestic markets
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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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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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Indian stock indices continue to remain firm, with most sectoral indices tracking in the green on Tuesday early trade
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Equity benchmark indices climbed in early trade on Monday in line with firm trend in global markets and encouraging domestic macroeconomic data
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Adani group stocks fell on Thursday after a report from investigative reporting platform OCCRP alleged hundreds of millions of dollars were invested in publicly traded group stocks
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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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In the Sensex pack, majority of the shares closed in the positive territory. Among the main gainers were Jio Financial Services which jumped 4.99 per cent, Tata Steel (2.09 per cent), Maruti Suzuki (1.87 per cent), M&M (1.31 per cent) and Infosys (1.19 per cent).
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Sensex jumped 322.09 points or 0.49 per cent to 65,397.91 points while the broader Nifty rose 84.30 points or 0.44 per cent to 19,426.95 points.
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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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In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled in the negative territory.
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Equity benchmark indices fell in early trade on Friday amid a weak trend in global markets
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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.