After a tumultuous few days the market rose this week buoyed by US Federal Reserve s decision to maintain a steady interest rate, a reduction in US bond yields, and stable crude oil prices. However, amidst this recovery, India s manufacturing data for October weakened. Nonetheless, the market received support from good Q2 results.
On Tuesday, 1836 stocks advanced, 1798 declined and 126 remained unchanged, with an advance decline ratio of 1.02 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets.