Indian Stock Market Sparkles All Time High This Diwali

Enlighten this Diwali

Indian markets went up over upbeat sentiments. Bulls lifted the Sensex within kissing distance of a record high on Thursday. Indices ended at new closing highs, led by a rally in bank shares. BoJ sticks with the massive stimulus program. Nifty up by 47 points, closed at 6299. Sensex up by 130 points, closed at 21164.

• Indian markets ended high. Nifty, Sensex up by 0.76% and 0.62%.

 The Sensex continued its gaining streak on Friday to hit a life-time high of 21293.88 on Friday, shrugging off concerns about the weakness in the economy. The markets reckon that the economy may have bottomed out for now, and that the coming two quarters will be much better in terms of economic and corporate performance. The strengthening of the rupee is an early signal of that.

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