Nifty IT rose +499.20 at 37,813, driven by strong gains in HCLTech, Infosys and TCS. Nifty 50 hit high of 24,401.00 points, breaking out of a sideways consolidation movement. Stock market indices are at record highs, driven by strong gains in the IT sector and positive global cues. Nifty IT rose key point: Global markets Read more: Nifty IT rose, IT Sector shining, Nifty 50 and Sensex boosting..
Share Market has performed exceptionally well in June 2024 so far. The Nifty 50 has hit record highs in eight out of 11 sessions and gained about 6%, on track for its best month this year. This surge has been fueled by several factors including policy continuity, forecasts for better economic growth, and a significant Read more: Share Market shining in June 2024, Might Best Month in 2024?..
NSE Indices launched Nifty500 Momentum 50 index today. The Nifty500 Momentum 50 index is a new strategy index launched by NSE Indices Limited (a subsidiary of the NSE India). This index will tracks the performance of the top 50 companies within the Nifty 500 based on their normalized momentum score. Nifty500 Momentum 50 index Important Read more: NSE Indices launches Nifty500 Momentum 50 index today..