Tag: Rain Industries
- 11 Sep
Nifty50 Closes Above 19,800, Broad-based Rally Continues
The Nifty50 index closed above 19,800 on Friday, its highest level since July 2022. The rally was broad-based, with all 15 sectors ending in the green. The market was supported by strong buying in heavyweights such as Reliance Industries, Infosys, and HDFC Bank. Technically, the Nifty is now eyeing the 20,000 milestone. Investors should not become complacent and wait for dips to initiate fresh longs.