Indian stock markets surged on Friday, with Sensex and Nifty climbing over 0.8% each. This rally was fueled by a calmer Middle East situation and reduced expectations of further US Federal Reserve rate hikes. IT stocks led the charge, while broader markets saw more modest gains. The overall market sentiment remained positive, indicating investor confidence.
Indian stock markets surged on Friday, with Sensex and Nifty climbing over 0.8% each. This rally was fueled by a calmer Middle East situation and reduced expectations of further US Federal Reserve rate hikes. IT stocks led the charge, while broader markets saw more modest gains. The overall market sentiment remained positive, indicating investor confidence.
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The Indian stock market extended sharp gains on Friday, with Sensex and Nifty rising more than 0.8% each on the back of easing Middle East conflict, lower expectations of Fed rate hikes, and other key factors.Sensex gained over 650 points, while Nifty 50 rose above 24,350 during Friday's trading session. The sharp gains added nearly Rs 2.4 lakh crore to the total market capitalisation of all companies listed on BSE, pulling it up to Rs 482 lakh crore.IT stocks continued to record strong gains, …
