Bulls mounted a strong comeback on Thursday, lifting benchmark indices off their intraday lows to close in the green for a second straight session, led by gains in IT stocks. The Nifty rebounded 530 points from its day’s low of 22,182 to settle at 22,713, up 34 points or 0.15% from the previous close. The…
Indian headline indices ended with gains on Friday led by strong action in IT, auto and metal stocks though weakness in banks and financials capped the gains. The broader Nifty rose 112.35 points, or 0.49%, to close at 23,114.50, while the 30-share Sensex gained 325.72 points, or 0.44%, to settle at 74,532.96. Meanwhile, the volatility…
The markets traded with a positive undertone through the week, rebounding smartly from lower levels. After reacting positively to the strong Bihar election outcome and hopes around a potential US-India trade agreement, Nifty posted steady gains throughout the week. The index oscillated in a range between 25,449 and 26,010, marking a trading band of 561…