By: Radhakrishna N S
Despite mixed global cues last week, India’s benchmark Bombay Stock Exchange (BSE) jumped to a record high continuing an upward movement for the third straight week. BSE benchmark breached the level of 38,000 for the first time and recorded a gain of 313.07 points to close at 37, 869.23 on Friday (10) as a result of improved capital inflow and good earnings. Meanwhile, NIFTY was also recorded gains and closed at 11,429.50. The gains were recorded amid global cues which include, trade war between China and the US and political tensions between the US and Russia. Stocks of consumer durable, bank,…
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