कोशिश गोल्ड - मुक्त
Short-covering, relief rally add ₹7.27 trillion wealth
Mint Mumbai
|November 23, 2024
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.
यह कहानी Mint Mumbai के November 23, 2024 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।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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