Power Grid Corp shares jump 4.5% to hit new record high, gain 10% over 4 days: What’s powering the rise? | Stock Market News

Power Grid Corp shares jump 4.5% to hit new record high, gain 10% over 4 days: What’s powering the rise? | Stock Market News

Source: Live Mint Power Grid Corporation, a Maharatna Central Public Sector Undertaking (CPSU) and the largest electric power transmission company, saw its shares zoom 4.67 per cent to touch a fresh record high of ₹366.25 apiece in today’s intraday session. Today’s rally in shares followed a 2.6 per cent jump in the previous trading session,…

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The US Fed rate cut effect: Foreign investors splurge on Indian shares on Day 2 | Stock Market News

The US Fed rate cut effect: Foreign investors splurge on Indian shares on Day 2 | Stock Market News

Source: Live Mint Foreign investors upped the ante in Indian markets on the second day after the US Federal Reserve’s larger-than-expected interest rate cut, catapulting the benchmark Nifty 50 and Sensex indices to fresh highs. To be sure, part of the ₹14,000 crore provisional buying by foreign institutional investors on Friday was due to index…

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