Subscribe To Our Free Newsletter |
Benchmarks advance for 5th day, NSE VIX drops to 13.33
The headline equity benchmarks continued their winning streak for the fifth day in a row on Wednesday. The Nifty50 settled above the 24,750 mark after hitting the days low of 24,654.50 in early trade. Consumer goods and fast-moving consumer goods stocks performed well, while real estate and public sector banks faced selling pressure. Investors are closely watching for clues about potential US interest rate cuts from the upcoming release of Federal Reserve meeting minutes and a speech by Fed Chair Jerome Powell.