The BSE Sensex closed at 57,426.92, up 1.8%. The Nifty advanced 1.6% to end at 17,094.35. The index closed above its 200-day moving average (DMA), a key long-term trend indicator, of 16,982. Shares of lenders and other rate-sensitive stocks led the rebound with the Nifty Bank index jumping 2.6%.
Why Digant Haria sees little chance of a runaway rally before elections in 2024
“Buying and selling is probably happening in the same sectors. We are not selling real estate stocks and going into chemicals or going into the