Stock market today: Nifty50 above 24,900; BSE Sensex jumps over 500 points
The Indian stock market recovered on Friday following the Reserve Bank of India's rate cut. The BSE Sensex rose by 480.52 points to reach 81,922.56. The Nifty50 also surpassed the 24,900 level. Market experts foresee consolidation with an upward trend. Global factors and US-India trade talks are influencing the market. FIIs increased their net short positions.
The Indian stock market recovered on Friday following the Reserve Bank of India's rate cut. The BSE Sensex rose by 480.52 points to reach 81,922.56. The Nifty50 also surpassed the 24,900 level. Market experts foresee consolidation with an upward trend. Global factors and US-India trade talks are influencing the market. FIIs increased their net short positions.
