Eight Nifty 50 stocks rally more than 10% in 2023 so far; check details5 min read 07 May 2023, 06:07 PM IST
Stock market update: Post a spectacular run by the benchmark in April, the merry run continues as Nifty marked a fresh high for the calendar year on Thursday, May 4 at 1,8267.
Indian benchmark indices have so far in 2023 benefited from a number of favourable factors, including a sharp fall in the crude oil prices, resumed foreign portfolio investor (FPI) buying, stable Q4FY23 earnings, and a potential halt by the US Fed in raising interest rates.
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