India’s key stock indices reached all-time intraday highs, with the Nifty crossing 26,000 and the Sensex breaching 85,000. Despite a choppy session, the indices ended flat. Market sentiment was boosted by rate cuts from the US Federal Reserve and measures from China’s central bank to revive its economy.
Market rotation signals steady growth ahead; financials and PSUs lead the charge: Rohit Srivastava
According to Rohit Srivastava, the Indian market is experiencing sector rotation, ensuring upward movement after consolidation. Financials, especially NBFCs, are leading the rally due to