The Nifty50 index nears the crucial 21,000 mark, fueled by India's 7.6% economic growth in the September quarter and BJP's resounding victory in three out of four critical state elections.
2
NSE Market cap milestone
The market capitalization of NSE-listed companies crossed the $4 trillion mark for the first time after Tuesday's session.
3
Impressive post-COVID returns
Since the COVID-19 lows of 7,511, the Nifty50 has delivered an astounding 179% return, reaching a new peak of 20,958.65 points.
4
Large-cap stocks in focus
Experts advise focusing on large-cap stocks as midcap and small cap indices are currently trading at higher valuations.
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Factors driving the rally
Large foreign funds inflow due to declining US bond yields, domestic investors' bullishness on strong macroeconomic data, and expectations of longer political stability in India are the driving factors.