Live
- Run for men’s health issues on Nov 23, 24
- Quick commerce workforce expansion to surge by 60 pc in India
- State on the brink of a public uprising over Waqf issue, says BJP
- Dr Soumya Swaminathan to talk on TB, COVID at UoH on Nov 25
- Darshan has not followed interim bail guidelines, Govt tells HC
- Parties keenly await bypoll results, spotlight on high-profile Channapatna
- 22 Central Medicine Stores to come up in TG in a week: Min Damodar Rajanarsimha
- Exit poll predictions will be proven wrong, says Dy CM
- Consumption of ganja rocks National Sanskrit University
- Air India institute to create skilled engineers for aircraft maintenance
Reflections 2023: Sensex, Nifty clock 16% rise in 2023
New coronavirus strain stings stock markets
Highlights
BSE Sensex gained 10,266.22 points or 16.87 per cent in 2023 so far and ended at 71,106.96 on December 22, 2023 from 60,840.74 on December 30, 2022....
BSE Sensex gained 10,266.22 points or 16.87 per cent in 2023 so far and ended at 71,106.96 on December 22, 2023 from 60,840.74 on December 30, 2022. During the same period, NSE Nifty moved up by 3,244.10 points or 17.91 per cent and settled at 21, 349.40 points as against 18,105.30 points.
Nifty is expected to rise about 13% to touch 24,200 points in 2024 as the market is buoyed by strong inflows from both domestic (DIIs) and foreign investors (FIIs). FPIs in 2023 so far net bought shares worth $23 bn as against $20bn net purchases by DIIs. Morgan Stanley forecasts 74,000 level for BSE Sensex in 2024 as market bellwether earnings compound 21.5% through 2026.
Next Story
ADVERTISEMENT
