Taking Stock | Sensex surges 676 pts, Nifty above 22,400; M&M, Bharti Airtel, Tech Mahindra top gainers
Among sectoral gainers, Nifty Consumer durables was the top gainers apart from Nifty IT and Nifty Realty
Source: moneycontrol.com
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Stock Market Updates: Sensex Up 100 Points, Nifty At 22,600; TechM Climbs 10%
Equity benchmark indices opened in green on Friday with BSE Sensex rising 100 points to 74,439
Source: news18.com
buying opportunity: Bulls will come back from consolidation and take Nifty to 21800: Jay Thakkar
“Coming to the intraday perspective, the kind of reversals which we have seen today from 21,400 on the futures and 21,300 on spot, the range for Nifty being 21300-21350 on the downside to 21500-21525 on the upside as far as spot levels are concerned. It would continue to consolidate within 250-300 points range till we get a breakout on the upside, about 21525.”
Source: indiatimes.com
Strong FPI flows, buoyant retail sentiment to keep bulls snorting
Indices across Indian equity markets have edged towards new record highs before undergoing a small correction in the past few sessions. The National Stock Exchange Nifty has gained 20 per cent in the past year; mid-caps (up 33 per cent), small-caps (up 31 per cent), and micro-caps (up 44 per cent) have done better. Several factors have precipitated this rally.
Source: rediff.com
Sensex recovers 62k level as global sentiments improve after US inflation eases
The key benchmarks of the domestic equity markets opened with gains, amid the improved market sentiment after the news of ease in the April inflation of the US.
Source: sentinelassam.com