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Podcast: MarketBuzz
Episode: Marketbuzz Podcast with Sudarshan Kumar: Sensex, Nifty 50 likely to maintain its bullish trend on Thursday
Description: On Wednesday, the U.S. stock market experienced a lackluster day with minimal trading volumes, contrasting sharply with India's bullish performance that led to record highs.
The U.S. market closed with marginal gains, setting the stage for its ninth consecutive week of positive momentum.
Major U.S. indices achieved fresh 52-week highs, registering gains ranging from 0.1% to 0.3%. Conversely, India's market saw another day of record highs, propelled by IT and banking stocks. The Nifty surged past 21,600, while the Nifty Bank reached an unprecedented close, largely attributed to HDFC Bank, contributing nearly 50% to its gains.
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