Indian Stock Market Extends Winning Streak for Fourth Straight Session
The Indian stock market extended its winning streak for the fourth consecutive session on July 6, driven by broad-based buying across sectors.
Corporates' encouraging first-quarter business updates, lower crude oil prices, favorable monsoon progress, and receding geopolitical tensions boosted investor confidence.
The benchmark indices ended firmly higher, with the NSE Nifty closing above the psychologically significant 24,400 mark.
Buying was led by automobile, consumer durables, oil & gas, and metal stocks, while information technology and PSU banking shares witnessed profit booking.