It is worth mentioning that almost all sectoral indices are trading higher with Nifty Bank surging the most in anticipation of an interest rate cut.
- Sensex reclaimed 31,000 points briefly after climbing over 1,000 points
- Nifty also breiefly reclaimed 9,000-mark before falling
- Investor remain hopeful for relief measures as market volatilty remains high
Domestic markets on Friday surged in morning trade ahead of the Reserve Bank of India’s press briefing, as investors pin hopes on a possible rate cut or any other monetary measure to ease the situation.
At around 9:30 am, BSE Sensex was ...
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