Markets have been witnessing consolidation over the past few weeks, post the sharp recovery from its recent low witnessed on November 21. Overall, lack of clear triggers on the back of FII sell-off which appears to have waned recently, corporate earnings slowdown, inflationary concerns, bullish momentum in US stock markets, are some of the factors playing out in the markets.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created