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Showing posts with the label The four-day week will see the Sensex close above 58777 and 59333 close

The four-day week will see the Sensex close above 58777 and 59333 close

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(Gujarat News Correspondent) MUMBAI: Foreign portfolio investors (FPIs) and domestic institutional investors (DIIs) have become major buyers in Indian stock markets, ignoring all the negative factors. After a third wave of Coro's transition worries and geopolitical tensions, a resumption of good monsoon against high crude oil prices with inflationary factors and a sign that the US Federal Reserve has stopped stimulus earlier, employment growth in the US has slowed. The positive effect of the clear statement made over the weekend on continuing ie tapping will not be immediate will be seen in the Indian stock markets opening next week along with the global markets. With the US stimulus continuing and the consequent influx of foreign funds, stock markets are likely to remain bullish for now. After a short-term shock in the small, mid-cap and cash segments, the broad-based boom seen again last week has led to a resurgence of funds, players re-activating the market and re-rating of sto...