Cash mkt volumes hit 14-month high in June; derivatives rise for 8th month
Stock Market Highlights: The Nifty50 rose 3.5 per cent in June, while the small- and mid-cap indices surged between 6 per cent and 7 per cent
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Stock Market Highlights: The Nifty50 rose 3.5 per cent in June, while the small- and mid-cap indices surged between 6 per cent and 7 per cent
By Sundar Sethuraman The sharp rally in the broader markets has propelled India’s market capitalisation (m-cap) to a new high. The combined m-cap of all BSE-listed firms rose to Rs 291.9 trillion in intraday trade on Thursday before settling lower at Rs 290.9 trillion. The previous record was on December 14, 2022, at Rs 291.3
The sharp rally in the broader markets has propelled India's market capitalisation (m-cap) to a new high. The combined m-cap of all BSE-listed firms rose to Rs 291.9 trillion in intraday trade on Thursday before settling lower at Rs 290.9 trillion. The previous record was on December 14, 2022, at Rs 291.3 trillion.
Considering the monthly technical setup, don’t expect sharp upmove in the IT Index in the near future.
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