Indian stock market: How are Sensex and Nifty 50 likely to perform next week amid global tech sell-off?
Indian stock market, July 19 -- Indian equity markets closed the week on a strong note, extending their recovery despite ongoing geopolitical tensions, higher crude oil prices, and lingering uncertainty over the global interest-rate outlook.
The benchmark indices ended the week on a strong note, with the Nifty 50 rising about 0.53% to close at 24,334.30, while the Sensex climbed nearly 0.75% to settle at 78,151.45. However, the broader market saw some profit-taking following its recent rally, as both the Midcap and Smallcap indices finished the week slightly lower.
Global technology stocks remained under pressure, with US markets witnessing a steep selloff on Friday. Semiconductor stocks bore the brunt of the decline, pulling the Philad...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.