Raja Venkatraman, MarketSmith recommend five stocks for 14 May
New Delhi, May 14 -- Indian equities edged higher on Wednesday, 13 May, snapping a four-session losing streak, supported by gains in gold and silver ETFs following the recent import duty hike. However, elevated crude prices and continued foreign outflows capped the upside.
The Nifty 50 rose 0.14% to 23,412.60, while the BSE Sensex gained 0.07% to 74,608.98. Broader markets outperformed, with mid-cap and small-cap indices advancing 0.8% and 0.3%, respectively, while 10 of the 16 sectoral indices ended in the green.
The recovery comes after both benchmarks had declined around 4% over the previous four sessions, weighed down by rising oil prices and concerns over the economic impact of the ongoing US-Iran tensions.
The Gift Nifty Live Cha...
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