Stock market today: Nifty 50, Sensex rebound sharply; investors earn over ₹12 lakh crore in a day
Why is Indian stock market rising after TDP leader Chandrababu Naidu's statement?Comments from top brokerage firms that the election outcome was a short-term trigger for the market and had no material impact on long-term growth prospects also appeared to boost market sentiment.
Also Read: Lok Sabha Election results 2024: What does lack of BJP majority mean for market, economy? Foreign brokerages weigh inThe steep fall in the market the previous session gave investors an opportunity to buy stocks at relatively lower prices as the medium—to long-term outlook of the Indian stock market remains attractive due to solid macroeconomic foundations, the growing might of domestic investors, and expectations of rate cuts later this year.(More to come)Milestone Alert!
Livemint tops charts as the fastest growing news website in the world
