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With markets extending its bullish momentum in the new financial year FY 25. How much can the benchmark index Nifty 50 surge this financial year with the focus on upcoming elections as well as hopes of a rate cut in the latter half? Here s what analysts predict. ....
From the Sensex pack, Wipro was the top gainer, rising 10%. Tech Mahindra, HCL Tech and Infosys also rose 2-5%. On the other hand, only Bajaj Finance, Sun Pharma, Nestle, and Bajaj Finserv opened lower. ....
The market capitalisation of all BSE-listed stocks rose by Rs 81.3 lakh crore to Rs 363.67 lakh crore. Having crossed the $4 trillion m-cap milestone, India looks poised to take over Hong Kong and become the fourth-largest equity market in the world. ....
Decoding the trend, HSBC Securities analyst Amit Sachdeva said the mid and smallcap spaces are leading the rally, which can be best described as a typical bull run. ....
The Sensex rose over 720 points to its new high of 71,234.63, whereas the broader Nifty50 index advanced 214.4 points to its record high of 21,397.10. ....