Indian markets showed a spectacular rally today. After five straight sessions of lackluster show, it seemed as if investors suddenly swung into action with full force. The result was a secular surge in stocks, spurred by a combination of local and external factors. The Nifty comfortably breached the 4,800 mark and the Sensex surpassed 16,100 level. But, for a second successive session, the broader indices stole the thunder from their Large-Cap peers. The midcap and small-cap counters closed positive by over two percentage points.
No comments:
Post a Comment