Santa rally comes early on D-Street
Financial Express Mumbai|December 06, 2024
FPI buying also boosts sentiment
VIVEK KUMAR M
Santa rally comes early on D-Street

INDIAN EQUITIES CONTINUED their winning run for the fifth consecutive day, with investors hoping for positive policy action from the Reserve Bank of India (RBI) on Friday and the US Federal Reserve in the coming weeks.

The return of foreign portfolio investors (FPIs) also boosted the investor sentiment. FPIs bought ₹8,540 crore worth of shares on Thursday, as per provisional data, marking the fourth consecutive session of buying.

Benchmark indices Sensex and Nifty rose 1% each to close at 81,765.86 points and 24,708.40 points, respectively.

The gains in the last five sessions have pushed the Sensex up by over 2,700 points or 3.4%.

RBI's rate-setting committee is set to announce its policy decision on Friday.

Denne historien er fra December 06, 2024-utgaven av Financial Express Mumbai.

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Denne historien er fra December 06, 2024-utgaven av Financial Express Mumbai.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

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