Traffic pressure is increasing on the major roads of Indore. The biggest problem in Indore city is the passenger buses coming from other cities because these passenger buses from other cities and other states come directly to the Sarwate bus stand located in the center of Indore city.
Sarwate Bus
Indian equities soared to fresh highs on Friday with the risk-on rally across financial markets accelerating, powered by the US Federal Reserves dovish tilt in its monetary policy. The Sensex closed above 71,000 with foreign fund managers stepping up purchases of stocks though the spike in the Volatility Index (VIX) — a popular fear measure — signalled discomfort among some traders over the pace of the market run-up.
Investors in risky assets including emerging markets like India have been enthused in the past two trading sessions by the back-to-back drop in US Treasury yields in response to the outcome of the Fed s policy meeting on Wednesday when the central bank indicated that there could be three rate cuts in 2024.
Notwithstanding strong buying trends in metal stocks seen on Thursday, a wait-and-watch policy in metals is recommended by analyst Pankaj Pandey of Head Research, ICICIdirect.com even as he suggests investors to remain positive on this sector.
India Business News: BSE Sensex hit an intraday high of 71,605 with a 1,000 point rally and Nifty50 hit a high of 21,492. Both the Indian equity benchmark indices rallied