Sensex gains 379 pts, nears 60k again on global, domestic cues
The Times of India Mumbai|August 17, 2022
Strong global and domestic cues combined to take the sensex once again near the 60,000-point mark after a 379-point surge on Tuesday.
Sensex gains 379 pts, nears 60k again on global, domestic cues

Mumbai: With HDFC Bank, Reliance Industries and HDFC contributing the most, the day’s close at 59,842 points was just about 1.3% away from the index’s four-month closing high level of 60,612. On the NSE, the Nifty closed 127 points up at 17,825.

According to Motilal Oswal Financial Services head (retail research) Siddhartha Khemka, domestic equities continued to witness strength on the back of positive global cues and softening of CPI and WPI inflation in India. “Global markets were positive after China announced a surprise cut in interest rates by 10 basis points (100bps = 1 percentage point). Oil prices continued to plunge as investors weighed on the impact of slowing growth on energy demand.”

هذه القصة مأخوذة من طبعة August 17, 2022 من The Times of India 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 August 17, 2022 من The Times of India Mumbai.

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

المزيد من القصص من THE TIMES OF INDIA MUMBAI مشاهدة الكل
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