Nifty touching the psychological 21,000 mark What sparked off rally in Indian stocks this week is BJP’s decisive win in assembly elections of three key states, which was a more positive outcome than what the markets were expecting tock prices are slaves of earnings. And India’s earnings growth is very much on track Stock markets…
Nifty hits 21,000; gains 2% for the week RBI also raised its GDP growth forecast for FY24 to 7.0 percent from 6.5 percent, which ushered further optimism among investors.Market breadth also remained in favour of gainers as over two stocks rose for each one that fell. The benchmark Nifty was back to its record-breaking ways…
Markets likely to gain further as BJP sweeps MP, Rajasthan, Chhattisgarh Analysts says a decisive win for the BJP in key states would send a strong message to investors betting on India’s rising growth potential If Nifty 50 sustains above 20,430, it can test 20,620-20,810 within the next week The market is expected to react…
