Realty Gains While Banking Slips
The Indian benchmark indices have experienced frequent gains and losses over the past two weeks, making it feel like a roller-coaster ride.
Overall, the indices have finally reached all-time highs, boosted by significant FII inflows and improved economic conditions, including a fall in retail inflation and a rise in industrial output
The Indian benchmark indices have experienced frequent gains and losses over the past two weeks, making it feel like a roller-coaster ride. Nevertheless, the indices finally reached all-time highs on the bourses after receiving the much-needed boost thanks to a significant FII inflow and improving economic conditions. The indices fell roughly 1 per cent after reaching fresh highs, owing to heavy losses in IT stocks, which resulted in a nearly 2 per cent drop in the sectoral index BSE Information Technology in just two sessions.