New Delhi, Sept. 2 -- Today, the Indian equity market rebounded sharply, snapping a three‑day losing streak. The Nifty 50 gained around 0.8%, rising nearly 200 points from its previous close. This was driven by robust intraday momentum that saw it climb steadily from 24,430-24,450 in the morning to close above 24,600. The rise was driven by encouraging macroeconomic news, including weak US tariffs (deemed largely illegal by a US court but still enforced in the near term) and a better‑than‑expected GDP growth for the June quarter, which lifted market sentiment.
Why it's recommended: Strong earnings and reinvestment capability, no leverage and healthy dividend, diversified mineral portfolio and integrated operations, and ...
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