Key benchmark indices hit a record high for a fifth straight session on Friday as state-run lenders such as State Bank of India (SBI) continued their recent rally after the Reserve Bank of India (RBI) extended the deadline for implementing Basel III capital-raising rules. Heavy buying by overseas investors also continued to help underpin gains, Overseas funds' net purchases of shares have reached nearly $3 billion so far this month, according to regulatory data. CNX Nifty shut shop at 6695.9 up by 54 points.
The market breadth, indicating the overall health of the market, was positive, in Nifty50 stocks the advances to declines stands at 38 advances to 12 declines.
The market breadth, indicating the overall health of the market, was positive, in Nifty50 stocks the advances to declines stands at 38 advances to 12 declines.
No comments:
Post a Comment