Why is Sensex rising

Sensex rebounds 600 points on bottom fishing; buy bank, IT stocks, say analysts

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Sensex rebounds 600 points on bottom fishing; buy bank, IT stocks, say analysts

NEW DELHI: Indian bluechip indices were trading with gains on Tuesday as traders came back to buy stocks at a lower level after two days of sharp fall. Bank and metals stocks bounced the most while pharma continued to be subdued. The main trigger for the market fall in the recent couple of months has … Read more

Sensex extends gains but analysts say bulls not out of woods yet

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Sensex extends gains but analysts say bulls not out of woods yet

NEW DELHI: Benchmark indices managed to open with gains on Wednesday as low-level buying continued even as inflation worries and rising covid cases kept gains in check. While about a 6 per cent fall from the peak in Nifty has made the market healthy, the valuations continue to be high. Therefore, FIIs may continue to … Read more