Buy or Sell: Dharmesh Shah of ICICI Securities recommends buying Bank of Baroda and Ambuja Cements stocks on Monday
Stock Market News: Domestic equity benchmark indices, the Sensex and Nifty 50, ended Saturday's special trading session on a bullish note. During the special live trading session on Saturday, the domestic benchmark indices mirrored the favourable overnight cues from Wall Street, as the Nifty 50 reached a new all-time high of 22,419.55.
The Sensex reached an all-time closing high of 73,860.26 after rising 114.91 points, or 0.16% The 30-share BSE Sensex ended flat by 60.80 points at 73,806.15 level while the Nifty 50 closed at 22,378.40 level, up 39.65 points or 0.18%. Also Read: Stock market today: Sensex ends flat, Nifty 50 closes up by 39.65 points in second part of special trading session Net-net, the Nifty 50 was able to close this extended trading week at the 22378 level, up 0.74%.
India's GDP growth of a solid 8.4%, the Fed's favoured PCE inflation measure matching consensus expectation, and the global stock markets, particularly the Japanese Nikkei and Wall Street, recording their fresh record highs, were the main positive catalysts that kept working in the background, according to analysts. Also Read: Over 40 smallcap stocks gain between 10-40% as Sensex logs third straight weekly gain; RailTel among gainers "Exciting news! Mint is now on WhatsApp Channels
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