Indian market closed strong on Tuesday after two days of correction. Stock markets have ignored BJP's loss in the New Delhi elections. Markets had already factored in the results from exit polls.
Market surprised everyone on the street today by a stunning move amid lots of pessimism post-budget.
Indian markets have been hovering around their all-time high for the past two months and majority of index stocks have gained in the rally which was witnessed towards the end of year 2019.
Indian markets witnessed profit booking in today's trading session after five days of gains. The markets are still hovering around their all-time highs.
Indian markets faced major decline in many weeks as stocks tumbled and US dollar jumped against INR. Markets would look towards global cues as tension between Iran and United States escalated.
Indian markets closed the week strong on expectations of a deal between China and the United States over tariffs.
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