The gloomy sentiment that dragged the stock market down roughly -11% in recent months from its July highs quickly reversed itself higher during November
American Equities: Santa Claus rally in US stock market about to begin? - Investing Abroad News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Sensex Today | Stock Market LIVE Updates: Indian shares hit fresh all-time highs on Monday, driven by financials and energy stocks as state election results boosted market momentum emerging from strong macroeconomic data and easing global interest rate expectations.Financial services rose up 1.8% and energy stocks climbed 2%, leading sectoral gains.Index heavyweights Reliance Industries, ICICI Bank, HDFC Bank gained between 1% and 3%.Small- and mid-caps gained about 1% each, also hitting new all-time highs.India s ruling Bharatiya Janata Party (BJP) secured key victories in three of the four state assembly elections, results showed over the weekend."The state election outcome will lead to greater confidence on continuity of BJP government at the centre which will drive markets higher," Anjali Verma and Ravi Kumar, research analysts at PhillipCapital said in a note.The Nifty had hit a record high on Friday, aided by strong domestic macroeconomic data including quarterly growth
Monday At Market Stocks Flaunt Bullish Momentum Vodafone Idea Indian Railway Finance Corp Tata Steel Lead The Charge - BW Businessworld businessworld.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessworld.in Daily Mail and Mail on Sunday newspapers.