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Market rallies despite global headwinds
The Morning Standard
|September 08, 2023
Investors remain bullish even as foreign inflows continue to be patchy amid falling rupee, global economic uncertainty
BULL-RUN continues in the domestic equity market as benchmark indices the Sensex and the Nifty50 closed higher for the fifth consecutive session on Thursday.
This five-day rally comes despite muted global cues, the US dollar getting stronger and a rise in crude oil prices. On Thursday, Sensex closed 0.58% higher at 66,265.56 while the broader Nifty50 settled 0.49% higher at 19,707. In the past five sessions, Sensex has gained 2% while Nifty has surged 2.25%.
"After a volatile start, markets rebounded sharply to maintain its upward bias for the fifth consecutive session, even as foreign inflows continued to be patchy amid falling rupee and global economic uncertainty.
Esta historia es de la edición September 08, 2023 de The Morning Standard.
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