Ahead of Market: 10 things that will decide stock market action on Thursday
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Indian benchmark equity indices closed higher on Wednesday, November 11, marking a ninth consecutive winning session.
- ✓The Nifty 50 gained 210.40 points to settle at 25,255.05, while the BSE Sensex advanced 772.75 points.
- ✓Analysts said Indian equities are likely to sustain their positive momentum, supported by improving earnings and foreign investor inflows.
Story at a Glance
- Category
- Indian Markets
- Reported By
- The Economic Times
- Reading Speed
- 6 Minute(s)
- Market Focus
- India Economy
Indian benchmark equity indices closed higher on Wednesday, November 11, extending their winning streak to a ninth consecutive regular trading session, excluding the Muhurat trading session, which ended marginally lower. Despite giving up some of their opening gap-up gains amid selling pressure at higher levels, the indices maintained their upward momentum through the session.
The Nifty 50 gained 210.40 points, or 0.84%, to settle at 25,255.05, while the BSE Sensex advanced 772.75 points, or 0.95%, to close at 81,879.40.
Here's how analysts read the market pulse
Indian equities are likely to sustain their positive momentum, supported by improving earnings, softer crude prices and renewed foreign investor inflows, said Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services. However, the sharp rally could invite intermittent profit booking.
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The Economic Times
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