Key reasons why Sensex rose 950 pts, Nifty peaked at 24,440 intraday today

Quick Summary:

After a challenging week for investors in Indian bourses, the markets finally turned positive on Monday, surging up to 949 points or 1.

Opposition parties, including the Constitutional Democratic Party and the Democratic Party for the People, made significant gains.The Nikkei climbed 1.97 per cent, while the Topix increased by 1.58 per cent.

ICICI Bank received share price target upgrade from brokerages after the private lender posted better-than-industry average results for the July-September quarter (Q2) of financial year 2024-25 (FY25).

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Category: BusinessFinance

Markets: IndiaAustraliaIsraelJapanSouth Korea

Topics: Bull market Stock market ICICI Bank IndusInd Bank Markets rise JSW Steel Indian financial markets Share market Stock market news Stock market today SBI Market news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-28 @ 11:19:34 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 716 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23278987

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Main Topics: BusinessFinance

Official Website: business-standard.com

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Publisher ID: #49

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