D-Street Ahead: How will Indian stock market move next week? Your trading strategy—key technical calls for Nifty, Sensex | Stock Market News
Source: Live Mint
Benchmark stock indices Sensex and Nifty surged nearly 1 per cent on Friday, marking their fifth day of rise on the back of fresh foreign fund inflows and gains in bank stocks.
The 30-share BSE Sensex jumped 557.45 points or 0.73 per cent to settle at 76,905.51. During the day, it surged 693.88 points or 0.90 per cent to 77,041.94.
The NSE Nifty climbed 159.75 points or 0.69 per cent to 23,350.40.
Experts said the US Fed has suggested the possibility of two rate cuts this year reigniting the optimism in the domestic market. On the weekly front, the BSE benchmark gauge surged 3,076.6 points or 4.16 per cent, and the Nifty jumped 953.2 points or 4.25 per cent.
