Helped partially by the loosening of purse strings by FIIs, the Sensex has rallied over 7,000 points from its 52-week low of sub-51,000 level in mid-June to 58,000 plus level. Nifty has also bounced around 2,000 points from its mid-summer low after rallying nearly 9 per cent in July.
India equity surge brightens outlook for exchanges, brokerages
India’s equity market is witnessing a vibrant revival, boosting earnings prospects for brokerages and exchanges. A surge in trading activity, spurred by favorable market dynamics