In the US market on Thursday, the Dow Jones Industrial average index crosses 40,000 level for the first time, The expert said that the recent rally in the index is amid the hopes of rate cuts from the fed in the coming months.
At Thursday's closing session, the NSE Nifty 50 surged 203 points, or 0.92 percent, closing at 22,403.85, while the BSE Sensex climbed 676 points, or 0.93 percent, settling at 73,663.72.
Indian stock indices are off to a strong start at the opening bell Thursday, tracking firm overnight cues from US markets which rose after a softer-than-expected US consumer inflation in April.
Indian benchmark indices on Wednesday deviated from their three-day winning streak and concluded in negative territory amidst cautious sentiment of investors preceding the release of crucial US inflation data and the ongoing elections.
Indian stock indices started Wednesday's session marginally higher, keeping the positive momentum intact for the fourth straight session, primarily tracking positive cues from the US markets which rose overnight.
Sitharaman also referred to the growing interest of both domestic and foreign investors in Indian stock markets and noted the significant increase in retail in demat accounts from 2 crore to 15.1 crore, with 3.6 crore added in just the past year.
Indian stock indices opened marginally in the green Tuesday, extending the positive momentum from the previous session closing, primarily due to fresh buying after the latest dip.
Indian benchmark indices rebounded after opening with a decline on Monday. The Sensex climbed 0.20 per cent to close at 72,809.67, while the NSE Nifty50 finished 0.29 per cent higher at 22,120.05 after dipping to a low of 21,821.
New Delhi [India], May 13: Durex, world's #1 condom brand, announced the launch of #ExplorersWanted campaign, featuring a range of Durex Lubes. The campaign is designed to spark a renewed sense of intimacy among couples by building anticipation around unique destinations, only to unveil that
Former Pakistan cricketer Ramiz Raja feels if opener Saim Ayub can't perform consistently then there is no point in breaking the established opening duo of Mohammad Rizwan and Babar Azam.