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Nifty rises like a phoenix

Financial Express Ahmedabad

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March 24, 2025

THE NIFTY ROSE on each of the trading sessions to gain 4.26% last week.

- VK SHARMA

THE NIFTY ROSE on each of the trading sessions to gain 4.26% last week. This was its best weekly performance since February 2021. Daily volumes on Friday were the highest since November 24, 2024.

The Midcap 100 gained 7.74%, its best weekly performance since April 2020, while the SmallCaps 100 soared 8.64%, its strongest weekly show since June 2020.

The main trigger for market gains was the upward trajectory of the rupee. The rupee gained for the eighth straight day. It appreciated by 40 paise to 85.97 against the US dollar on Friday, a two-and-a-half-month high. Another reason for gains was the fear of missing out in terms of catching the bottom.

Financial Express Ahmedabad

यह कहानी Financial Express Ahmedabad के March 24, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

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