Ahead of Market: 10 things that will decide stock market action on Friday
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The Indian stock market rallied on Thursday as Sensex jumped 905 points to close at 74,151.
- ✓Nifty 50 gained 238 points to end at 22,937.
- ✓Vinod Nair said, "Indian equities rallied as the US Fed’s rate pause, marginal easing in crude and renewed institutional buying improved risk appetite despite a challenging external backdrop."
Story at a Glance
- Category
- MARKET
- Reported By
- The Economic Times
- Reading Speed
- 5 Minute(s)
- Market Focus
- India Economy
The Indian stock market rallied on Thursday, with Sensex and Nifty rising more than 1% after the Federal Reserve kept its interest rates unchanged, along with other factors that boosted investor sentiment, although traders would likely brace for expiry-day volatility.
Sensex jumped 905 points to close at 74,151 while Nifty 50 gained nearly 238 points to end the session at 22,937. Broader markets also gained, with Nifty Smallcap 100 and Nifty Midcap 100 rising around 1%. The sharp gains added nearly Rs 5 lakh crore to the total market capitalisation of all companies listed on BSE, pulling it up to more than Rs 477 lakh crore.
Here's how analysts read the market pulse
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The Economic Times
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