Sensex Surges 712 Points to Record High as IT and Banking Stocks Rally
Indian benchmark indices closed at fresh lifetime highs led by heavyweight IT and private banking names, as cooling US inflation data lifted global risk appetite.
Indian benchmark indices closed at fresh lifetime highs led by heavyweight IT and private banking names, as cooling US inflation data lifted global risk appetite.The development marks a significant shift in how Indian investors and institutions are positioning themselves for the coming quarters. Analysts tracking the sector note that liquidity, policy direction and global cues will remain the dominant themes. Retail participation has continued to deepen, with SIP inflows and demat account additions sustaining their multi-year uptrend.Investments are subject to market risks. This article is for informational purposes only and not financial advice.