India's benchmark indices reached fresh highs on Friday, propelled by gains in Tata Consultancy Services (TCS), a day after the IT bellwether reported a better-than-expected performance for Q1FY25.
Robust buying by foreign portfolio investors (FPIs) and a cooling of US inflation that stoked hopes of an early rate cut by the Federal Reserve also helped the indices post consecutive six weeks of gains their longest weekly winning streak since December 15, 2023 (seven weeks of gains).
Bu hikaye Business Standard dergisinin July 13, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin July 13, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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