Stock market update: These large-cap stocks clocked strong gains in May; do you own any?1 min read 01 Jun 2023, 10:48 AM IST
Sensex and Nifty gained for the third consecutive month, with sustained foreign capital inflow, healthy Q4 earnings, and strong macroeconomic data. Market experts predict all-time high levels in June due to healthy macroeconomic indicators and a possible pause in rate hikes by the Fed.
Domestic market benchmarks the Sensex and the Nifty clocked decent gains in May on sustained foreign capital inflow, healthy March quarter earnings and strong macroeconomic data. Sensex ended 2.5 per cent higher while Nifty closed a gain of 2.6 per cent in May. Both indices extended their monthly gains into the third consecutive month.
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