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Indian stocks extend gains; inflation data eyed for fresh cues
Updated On: 09 May, 2023 09:46 AM IST | New Delhi | ANI
Last week, Indian stock indices managed to end with gains on a cumulative basis. Benchmark Sensex and Nifty indices accumulated 0.8-1.0 per cent gains
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Indian stock indices extended their gains from the previous session. At the time of writing this report, benchmark indices Sensex and Nifty were 0.2 per cent higher.
Better-than-expected strength of the US economy, firm foreign fund inflows, and strong GST collections among other macro fundamentals have been supporting Indian stocks consistently over the past fortnight or so, said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
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