Market move▲ Bullish for Indian equities
D-Street snaps eight-week losing streak
The brief
- Sensex rose 472.77 points, or 0.66%, to 72,382.47
- Nifty50 gained 133.80 points, or 0.60%, to 22,555.75, ending an eight-week losing streak
- The rebound offers relief to Indian equity investors after weeks of losses
- Sensex, Nifty in correction mode: Should you stay invested, increase SIPs or wait for the bottom?
- Nifty rebounds after record 8-week rout, but is this a dead cat bounce investors should fear?
- Buzzing Stocks: HDFC Bank gains 2% on MD & CEO appointment; D-Mart slips 3% as Citi retains 'sell' rating
- ESDS Software hits sixth straight 5% lower circuit; shares remain 217% above IPO price
- Hospital stocks face valuation reset risk as price-cap fears expose margin pressure