RIL, bank stocks drive Sensex 200 points higher; Nifty near 17,800
“The near-term market construct is clearly ‘advantage bulls.’ There are many factors going in favour of the bulls like strong Q3 GDP numbers (2.6%) in the US, easing recession fears, indications of declining inflation and expectations that the Fed might pause rate hikes in Q1 of 2023,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.
