Stock Market Today: Nifty 50 settles near 21,000 as RBI raises growth forecast; bank, IT stocks shine
This raised expectations that the central bank won't hinder growth and might lower interest rates if needed
This raised expectations that the central bank won't hinder growth and might lower interest rates if needed
Nifty 50 today opened at 20,932.40 against the previous close of 20,937.70 and touched its intraday high and low of 20,941.25 and 20,850.80 respectively
According to a Reuters report, Asian stocks rose to clock their strongest performance in 10 months on Thursday on a relatively benign global interest rates outlook and signs of economic recovery
The US 10-treasury notes fell 15 basis points to 4.5% indicating lowest in seven weeks, according to Trading Economics data
The stock market continues its impressive run as the benchmark indices, Sensex and Nifty, reached new all-time highs on Wednesday
Recent macro data have shown inflation is easing and labour market is cooling in the US
MSCI said it will include the merged entity in its large-cap index but the adjustment factor would be 0.5