Economic TimesLean R·
Nifty bulls regain momentum, but can bears strike back? 5 factors to decide D-Street’s fate next week
Indian equities staged a sharp rebound on Friday, October 9, bringing an end to the Nifty 50 and Sensex’s eight-week losing streak, with buying across information technology (IT), FMCG, auto and financial stocks lifting benchmark indices.The Nifty 50 gained 288.65 points, or 1.30%, to close at 22,520.45, while the Sensex advanced 879.09 points, or 1.23%, to settle at 72,472.33.However, the rebound comes against a challenging macroeconomic backdrop, with crude oil prices above $100 a barrel, sus…
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