Market Outlook: Sensex and Nifty Scalp New Highs, U.S. Rate Cut Anticipation Fuels IT Stock Gains
Monday, 15 July 2024, 04:40
Market Updates:
Sensex and Nifty hit new highs with a positive trend in HCLTech, DMart, and Rail Vikas Nigam Limited.
Key Highlights:
- Sensex and Nifty soar above key levels.
- US rate cut anticipation drives IT stocks.
- Companies like HCLTech and DMart in focus.
- Market expert Dr. V K Vijayakumar discusses global market impact.
- Caution advised on valuation levels in momentum stocks.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.