Below the Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services
"Major state election results lifted market sentiment and increased the scope of stability in government spending in H2FY25 to meet the capex target. The rally was broad-based, while capex-linked sectors like infra, capital goods, and industrials outperformed in expectation of a surge in new order inflows. The prospects of H2 remain positive due to a good monsoon, festival, a...
Market Quote : State Election Results Boost Market Sentiment, Capex Target Outlook Says Vinod Nair, Head of Research, Geojit Financial Services
Below the Quote on Daily Market Analysis by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
Markets began the week on a strong note, extending Friday’s momentum to gain nearly 1.5%. Nifty opened with a gap-up, traded in a narrow range, and settled at 24,221.90. All major sectors contributed to the rally, with realty, banking, and energy leading the charge. Broader indices also mirrored the move, posting gains of 1.6%-2.1%.
Over the last two se...
Daily Market Analysis : Markets began the week on a strong note, extending Friday`s momentum to gain nearly 1.5% Says Mr. Ajit Mishra, Religare Broking Ltd
Indian equity markets closed in the green on Monday as heavyweights like Adani Ports, L&T, SBI, HDFC Bank, and ICICI Bank uplifted the market sentiment.
At closing, Sensex was at 80,109, up 992 points, or 1.25 per cent, and Nifty was at 24,221, up 314 points or 1.32 per cent.
In the last two trading sessions, Sensex added nearly 3,000 points.
Banking stocks led the rally in the market. Nifty Bank closed at 52,207, up 1,072 points or 2.10 per cent.
Along with largecaps, ...
Sensex closes up by 992 points, Adani Ports, L&T top gainers
Below the Quote on Market by Vinod Nair, Head of Research, Geojit Financial Services
"Major state election results lifted market sentiment and increased the scope of stability in government spending in H2FY25 to meet the capex target. The rally was broad-based, while capex-linked sectors like infra, capital goods, and industrials outperformed in expectation of a surge in new order inflows. The prospects of H2 remain positive due to a good monsoon, festival, and mar...
Market Quote : State Election Results Boost Market Sentiment, Stability in Capex Says Vinod Nair, Head of Research, Geojit Financial Services
