Trading has been pretty good in the past couple of weeks all over the globe with a few setbacks, and we think this is really good for the slowing economy of the nation of India, which has been experiencing some major issues. So as the nation of India is seeing some major changes in the markets, the optimism for the investors and investments in the nation is looking like it is making a very great return after a very long time.
The Indian markets on Thursday performed pretty good, and they were continuing their gaining streak of 4 days of the week after being hit by a major set back in the last week which was very bad, but the markets have been pretty good and have recovered faster than anyone had expected them to. So Thursday continued the rising trend from the Wednesday closing bell, which saw some major highs and records. And Thursday changed the growth substantially when 18 stocks hit their 52 week high, which has been a very good number in a very long time. Some of these stocks were Adani Green, Agro Phos India, Biofil Chemicals, Divi's Lab, Godfrey Phillips India, Granules India, PI Industries.
NSE Nifty index was trading 23.85 points up at 12,124.55 while the BSE Sensex was trading 67.72 points up at 41,088.33. So the overall trading was pretty good, and this is expected to be followed through on Friday trading. There were some losers too in eth names if ZEEL, Tata Motors, and HUL, to name a few.
Tags : Indian market, economy,