There is a sustained flow of money into the market through mutual funds, particularly through SIPs. So long as this market construct holds steady, the market will remain resilient, says Expert
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In the Nifty 50 index, the top five gainers are JSW Steel, Bharti Airtel, Maruti, Bajaj Auto, and Hero Motocorp
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Nifty Bank, Financial services, FMCG, IT, Media, Metal, Pharma, Realty, Healthcare, Oil and gas, and consumer durables start in the green territory
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Upcoming U.S. Presidential Election Debate and the U.S. Personal Consumption Expenditures (PCE) inflation number, which are expected to influence the market, says expert
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Market upswing occurs due to the RBI data that shows the current account surplus for the fourth quarter of the fiscal year 2023-24 is 0.6 percent of GDP
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Ultratech Cement, HDFC Bank, and SBI open as the top gainers
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The top gainers in the Nifty 50 include Sun Pharma, Wipro, ITC, ICICI Bank, and Apollo Hospitals
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Sensex opens with a modest rise of 96.95 points at 77,434.54, while the Nifty sees a slight gain of 21.40 points, opening at 23,537
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Nifty bank indices opens at 50,607.90, up 0.33 per cent whereas, the Nifty midcap 100 starts with a new high of 55,679
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In the sectoral indices except, Pharma all other sectoral indices begins the week on a positive note, advancing in the opening session
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