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Indian major stock market indexes hit fresh record high on Monday, following the upward trend set by Asian markets, buoyed by gains in financial and metal sectors.
Fed Chair Jerome Powell's remarks over the unlikelihood of more rate hikes eased concerns across global markets, there by lifting sentiment for stocks.
Investors' wealth climbed Rs 2.27 lakh crore on Wednesday as the benchmark Sensex closed above the 75,000 mark for the first time.
Mumbai, Dec 18 (PTI) Benchmark equity indices Sensex and Nifty declined on Monday due to profit-taking by investors after a record-breaking rally in the last week and a largely weak trend in Asian markets.
With political uncertainty largely settled and global macros looking favourable for now, the buying trend of FIIs will accelerate in the months ahead of elections, racing past previous instances, say fund managers