Nifty, Sensex Trending Up - Weekly Closing Report
In a week marked by fluctuations, the benchmark indices, Sensex and Nifty, managed to recover from earlier losses, concluding the week with marginal gains.
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In a week marked by fluctuations, the benchmark indices, Sensex and Nifty, managed to recover from earlier losses, concluding the week with marginal gains.
On Thursday, 1655 stocks advanced, 2050 declined and 122 remained unchanged, with an advance decline ratio of 0.81 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets.
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.
Mumbai real estate update: Ten X Realty, the textile major's real estate arm, According to the company will redevelop the Kumari Jethi T Sipahimalani CHS Ltd. (also known as Navjivan Society) property, which is spread across 3.6 acres.
On Monday, 1922 stocks advanced, 1813 declined and 200 remained unchanged, with an advance decline ratio of 1.05 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets.