In the last six weeks or 25 trading sessions, India’s benchmark Sensex and Nifty indices gained 7.2% and 8.3%, respectively. Photo: HTMumbai: Indian markets have been rising in the run-up to the Union budget and on the back of better-than-expected corporate earnings. Since 26 December, BSE Small Cap and MidCap have fallen only for five and six trading sessions, respectively. Sensex and Nifty fell in 10 and nine sessions, respectively, while BSE100 and BSE500 fell for eight and six sessions, respectively. In Sensex and Nifty, Infosys Ltd (5.5%) and Reliance Industries Ltd (0.2%) were the only two stocks trading in the negative territory during this period.

Source: Mint February 01, 2017 03:53 UTC