Stock markets bounce back, breaking multi-day losing run

On Thursday, the Sensex and Nifty finished the trading session with gains, snapping their respective four-day and seven-day downward trends. Market analysts noted that the recovery was driven by short covering, as stocks had reached oversold levels. The positive momentum was further supported by buying from Foreign Portfolio Investors (FPIs), alongside a decline in both the dollar index and 10-year bond yields, which helped calm investor anxieties.

by shortkt.com
3 hours ago
Stock markets bounce back, breaking multi-day losing run | ShortKT