Bulls return to markets with a bang after Friday's drubbing
Mint Mumbai|May 09, 2023
Bulls returned to the markets with a bang on Monday, driving up key indices by over a per cent each after the HDFC twins’ steep correction pulled down the Nifty and Sensex to multi-month lows on Friday.
Ram Sahgal
Bulls return to markets with a bang after Friday's drubbing

Investors gained 2.28 trillion of wealth from a session ago, thanks to a rally in banks, NBFCs and autos following a slew of positive global cues and stable Q4 earnings. FIIs bought a provisional 2,124 crore worth of shares on Monday

The Nifty gained 1.08% or 195 points to close at 18264.40, while the Sensex rose by 1.16% (709.96 points) to end at 61764.25. FIIs have been instrumental in driving the market up 8.5% from 20 March’s low of 16828 to Monday’s closing. They have purchased shares worth 26,333 crore so far this fiscal, after selling 37,632 crore in FY23 and 1.4 trillion in FY22.

هذه القصة مأخوذة من طبعة May 09, 2023 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة May 09, 2023 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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