Stocks that helped Sensex rise over 29000 post Budget
The Sensex rallied more than 26 percent from its Budget day's
closing value of around 23,000 to more than 29,000 now and gained 11 percent in
2016.
Indian equities are gradually
inching towards record highs on account of consistent inflows of foreign money
and hopes of earnings recovery from the next quarter onwards (Q3FY17). The Sensex rallied more than 26 percent from its
Budget Day's closing value of around 23,000 to more than 29,000 now and gained
11 percent in 2016.
The 30-share BSE index is around 1,000 points away from its record high of 30,027.74 touched on March 4, 2015 and Nifty more than 150 points away from all-time high of 9,119.20.
Market experts expect the rally to continue, citing more FII inflows on a likely delay in the Fed rate hike after weaker-than-expected US jobs data, further government reforms and earnings recovery etc.
Check out stocks that participated in the rally:
The 30-share BSE index is around 1,000 points away from its record high of 30,027.74 touched on March 4, 2015 and Nifty more than 150 points away from all-time high of 9,119.20.
Market experts expect the rally to continue, citing more FII inflows on a likely delay in the Fed rate hike after weaker-than-expected US jobs data, further government reforms and earnings recovery etc.
Check out stocks that participated in the rally:
Happy Investing
Source:Moneycontrol.com
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