Synopsis
The Indian market reversed early losses to end in green on Friday. The IT stocks gained on a near-certain U.S. rate cut anticipation while consumer stocks staged a recovery after declining 1% as domestic inflation data showed that rural and urban food inflation remained elevated.
The Indian market reversed early losses to end in green on Friday. The IT stocks gained on a near-certain U.S. rate cut anticipation while consumer stocks staged a recovery after declining 1% as domestic inflation data showed that rural and urban food inflation remained elevated.
The benchmark BSE Sensex gained 843.16 points or 1.04% to settle at 82,133.12, while the broader Nifty 50 index closed at 24,768.30, higher by 219.60 points or 0.89%.
Source Link: Ahead of Market: 10 things that will decide stock market action on Monday - The Economic Times