Sectorally, Nifty Pharma led the gains, rising nearly 2 percent. Nifty Bank, too, was up over a percent, as the market waits for finance minister Nirmala Sitharaman s interim budget, which she will present on February 1
Indian benchmark indices hit another peak in intra-day deals today with both the Sensex and the Nifty up over a percent each after the US Fed signaled that its interest rate-hiking policy is at an end and it will cut rates in 2024.
Nifty and Sensex hit record highs in trade today after the US Fed signaled that its interest rate-hiking policy is at an end and it will cut rates in 2024. Amid the rally, brokerages have come out with a bearish view (sell/reduce calls) on three stocks.