New Delhi, Dec. 22 -- The Indian equity markets snapped a four-day losing streak on Friday, 19 December, with Nifty 50 gaining 150.85 points (0.58%) to settle at 25,966.40, and Sensex rising about 447 points (0.53%) to close at 84,929. Market breadth was decisively positive, as reflected in an advance-decline ratio of 2,185 advances to 939 declines, signaling robust, broad-based buying.
The rally was primarily catalyzed by cooler-than-expected US core inflation (2.6%), which revived hopes for Federal Reserve rate easing in 2026, and a significant rebound in the Rupee to 89.27 after hitting recent record lows.
Realty (+1.67%), Pharma, and Auto led the gains, while IT stocks tracked a tech-led recovery on Wall Street. Notable stock perfor...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.