On Wednesday, 881 stocks advanced, 2963 declined and 77 remained unchanged, on the Bombay Stock Exchange (BSE) with an advance decline ratio of 0.29, indicating negative closing of stocks in broader markets.
On Tuesday, 1536 stocks advanced, 2301 declined and 92 remained unchanged, on the Bombay Stock Exchange (BSE) with an advance decline ratio of 0.67, indicating negative closing of stocks in broader markets.
The momentum is likely to continue and markets expected to touch new highs. The market will track global cues as no major domestic events are lined up in the sort term, say analysts
The resilient domestic buying is providing the main support to the rally in the market, and the strong performance of the economy and improving corporate earnings are also a solid fundamental support to the markets, according to analysts.
On Wednesday, 1391 stocks advanced, 2451 declined and 100 remained unchanged, with an advance decline ratio of 0.56 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets.