Key benchmark indices rose over 1 percent on Monday to a record high as blue-chips such as ICICI Bank, Reliance Ind surged after Prime Minister Narendra Modi vowed to fire up the bureaucracy to deliver results, whileeasing wholesale inflation also helped.
The broader 50-share index rose as much as 1.14 percent to 7,880.50, surpassing its previous all-time high of 7,840.95 hit on July 25. The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 42 advances to 8 declines.
The broader 50-share index rose as much as 1.14 percent to 7,880.50, surpassing its previous all-time high of 7,840.95 hit on July 25. The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 42 advances to 8 declines.
No comments:
Post a Comment