The Nifty 50 index reclaimed the 20,000-mark after a span of two months.
Domestic institutional investors (DIIS) purchased shares worth a provisional ₹2,360.81 crore, while foreign portfolio investors (FPI), who nibbled at ₹71.91 crore worth of purchases, are believed to have raised their already bullish bets on stock futures, market analysts said.
The institutional buying, along with that of direct retail participation, pushed up the bellwether Nifty index to twoweek highs, up 1.04% to 20,096.60 points, and the Sensex by 1.1% to 66,901.91.
"Domestic inflows continue to remain strong, absorbing the recent selling by FPIS around 19,000 levels, and form the fulcrum of the rally," said Gaurav Dua, head-capital market strategy, Sharekhan, by BNP Paribas. "The additional tailwind is in the form of falling US bond yields and the DXY (dollar index), which has attracted FPI interest back to (emerging markets). I remain bullish and think the Nifty is on course to test and surpass its record high."
この記事は Mint Mumbai の November 30, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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この記事は Mint Mumbai の November 30, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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