Frontline indices- the Sensex and the Nifty 50- are likely to open with solid gains on Monday as indicated by Gift Nifty. A landslide victory of BJP-led alliance in Maharashtra assembly election 2024 could trigger a risk-on rally in the market.

Indian stock markets rallied on Monday after the BJP-led government secured a majority in the latest state elections in Maharashtra.

Markets were expected to be boosted by the massive win delivered by the BJP-led coalition of parties in Maharashtra state elections, apart from the strength in global markets

As long as the benchmark Nifty 50 index and Sensex are trading above 200 day Simple Moving Average or 23600 and 77500 respectively, the pullback formation is likely to continue, said experts

US: Federal Reserve Governor Michelle Bowman will speak at the Annual Symposium on Building the Financial System of the 21st Century — 4:45 a.m. Rupee appreciated 5 paise to close higher at 84.45 against the US dollar. It opened flat at 84.49 on Friday. The Indian unit closed at 84.50 on Thursday, according to data on Bloomberg.

Reliance Industries, the second heaviest-weighed stock in the Nifty 50, gained 2.5%. Most Adani group stocks, too, rose at the open

After two months of intense selling pressure, India’s equity market staged a significant rally on Friday, with benchmark indices BSE Sensex and NSE Nifty 50 sur

The markets appear to be recovering from the blues that has envolped it for the past 2 weeks. The Indian indices started the new week on a high, as Sensex and Nifty surged on Monday, November 25. The BSE Sensex rocketed to 80,