Mumbai, Nov 24 : Optimism over the introduction of an Civod-19 vaccine in India along with continued foreign fund inflows boosted the Indian stock markets
Mumbai, Nov 24: Optimism over the introduction of an Civod-19 vaccine in India along with continued foreign fund inflows boosted the Indian stock markets on Tuesday. In terms of global cues, positive development over US President-elect Joe Biden’s team getting a formal go-ahead to begin the transition process boosted investor sentiments. Back home, broad based buying took place on hopes that a Covid-19 vaccine will be available in India soon. Besides, another key factor for the markets’ rise was attributed to the healthy FII inflows worth more than Rs 50,000 crore in November so far. Accordingly, both the major benchmark indices the — S&P BSE Sensex and the NSE Nifty50 — continued their gaining streak for the third straight day to touch their respective intra-day highs and made new closing highs in the process.
