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Indian benchmark indices continued the winning run for the fifth consecutive session on July 19, amid buying across sectors, said Vikram Kasat, Head Advisory, Prabhudas Lilladher.At close, the Sensex was up 302.30 points, or 0.45 per cent, at ...
Analysts cited two reasons for the rise in the market capitalisation of state-owned banks without a corresponding increase in their share prices.
“Asian Development Bank retained forecasts for India's economic growth at 6.4% for FY24 and 6.7% for FY25, citing robust domestic demand that would continue to support the region's recovery. Nse Cash market volumes were lower as compared to recent averages," says Devarsh Vakil of HDFC Securities
Sector-wise, the BSE Information Technology index surged the most (4.9 per cent) during the week gone by. While BSE Metal and BSE Realty indices have registered a weekly gain of 3.3 per cent, and 1.7 per cent, respectively. On the other hand, the BSE Power index has registered a weekly decline of 1.9 per cent.
(This story has not been edited by THE WEEK and is auto-generated from a PTI