استمتع بـUnlimited مع Magzter GOLD
احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل
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Short-covering, relief rally add ₹7.27 trillion wealth
November 23, 2024
|Mint Mumbai
Markets up 2.39% to hit the highest in six months, a day after Adani's indictment
Indian markets were quick to recover from the shock of the Adani group bribery charges, surging to a nearly six-month high and snapping off a two-week slump on Friday. Investors turned wealthier by ₹7.27 trillion in Friday's relief rally.
The recovery was marked by short-covering and buying in large-cap stocks in sectors like oil and gas, banks, information technology, and fast-moving consumer goods, ahead of the Maharashtra election outcome on Saturday. Analysts said an extended bout of short-covering could propel the indices higher.
هذه القصة من طبعة November 23, 2024 من Mint Mumbai.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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