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Nifty 50 reaches new record high amidst bullish sentiment. Optimism remains despite widening valuation gap. Market volatility expected globally due to national elections. Kotak Mahindra Bank, HDFC Bank, and HUL struggle post weak Q3 results.
Shares of LIC surged 9.7% during Friday's trade, hitting a 10-week high of ₹677.65 apiece, marking the largest intraday gain since listing in May 2022.
After suffering losses in the previous session, the Sensex and the Nifty traded with gains in the morning trade on Monday, July 10. Analysts expect the benchmarks to see some consolidation as they trade at record high levels.
President Biden issued Executive Order 13985, Advancing Racial Equity and Support for Underserved Communities Through the Federal Government (Executive Order) on inauguration day in 2021.