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India Manufacturing PMI In Contraction Territory For First Time In 11 Months
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Manufacturing Sector Index Contracts For First Time In 11 Months: Report
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Rupee falls third straight day, settles 23 paise down at 74 55 against dollar
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Dalal Street Week Ahead: Here are 10 key factors that will keep the traders busy
Rusmik Oza of Kotak Securities expects the Nifty50 to go somewhere mid way of the 14,000 to 15,000 range in January. Sunil Shankar Matkar January 03, 2021 / 08:21 AM IST
The positive global cues helped the market gain momentum after consolidation seen in the previous week, and close above psychological 14,000 mark on the Nifty50 for the week ended January 1, 2021. The signing of second stimulus package by the United States, the approval for Brexit deal by the European Union & UK, and the development related to rollout of COVID-19 vaccine lifted sentiment.
The BSE Sensex jumped 895.44 points, or 1.91 percent, to 47,868.98 and the Nifty50 rose 269.25 points, or 1.96 percent, to 14,018.50, while the broader markets outpaced benchmarks with the Nifty Midcap index climbing 3 percent and Smallcap gaining 3.88 percent.