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Indian indices surged for a second consecutive session, with Sensex rising 1,131 points to 75,301 and Nifty gaining 325.55 points to 22,834. Analysts see bullish momentum, with Nifty targeting 23,150 and support at 22,700.
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Life insurance behemoth LIC is confident of buying a stake in a health insurer in the next two weeks, its chief executive Siddhartha Mohanty said on Tuesday.
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Capital markets regulator Sebi on Tuesday slapped penalties totalling Rs 20 lakh on four entities for indulging in non-genuine trades in the illiquid stock options segment on the BSE.
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Gold and silver prices surged to record highs, driven by trade tensions, inflation data, and a weaker dollar. While some consolidation is expected, the overall bullish trend remains intact, with investors advised to adopt a buy-on-dips strategy.
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