Nifty, Sensex in a relief rally – Thursday Closing Report
We mentioned yesterday that Nifty, Sensex may put in a relief rally. On Thursday, 2278 stocks advanced, 1384 declined and 123 remained unchanged, with an advance decline ratio of 1.64 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets. While this rebound provided a sense of optimism, an air of uncertainty continues to loom, likely resulting in a sideways market trend.