The expected volatility is due to uncertainties from the incoming Donald Trump administration, along with the union budget and measures taken by the monetary policy committee (MPC) of the Reserve Bank of India in February.
Sensex, Nifty rally over 1% as IT stocks drive broad-based market gains
Indian stock gauges rose over one percent on Wednesday. Overseas fund flows are expected to shift into local technology companies. The Nifty and Sensex closed