Markets to Find a Footing on ‘Oily’ Ground

Sayali Shirke
Markets to Find a Footing on ‘Oily’ Ground

Nifty 50, the NSE benchmark, recently marked its longest winning streak since its inception, rallying for 14 consecutive trading sessions. However, the global stage cast a shadow over this bull run, with fears of recession re-emerging due to weak US manufacturing data. Despite this, the broader domestic market has shown remarkable resilience, with the Nifty Small-Cap 100 reaching a fresh all-time high on Thursday. Two main factors have underpinned the domestic market’s strength.

 

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