Market Wrap: Banks, RIL lead D-Street higher for third day; Sensex gains 310 points, Nifty above 23,300
- Posted on January 16, 2025
- By Business News Today
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Market Wrap: Banks, RIL lead D-Street higher for third day; Sensex gains 310 points, Nifty above 23,300
Indian benchmark indices extended their winning streak to a third consecutive session on Thursday, buoyed by gains in heavyweight financials and Reliance Industries, after underlying U.S. inflation softened in December, increasing the likelihood of additional interest rate cuts by the U.S. Federal Reserve.
