Realty Gains While Banking Slips

Realty Gains While Banking Slips

The Indian benchmark indices have experienced frequent gains and losses over the past two weeks, making it feel like a roller-coaster ride.

Overall, the indices have finally reached all-time highs, boosted by significant FII inflows and improved economic conditions, including a fall in retail inflation and a rise in industrial output

The Indian benchmark indices have experienced frequent gains and losses over the past two weeks, making it feel like a roller-coaster ride. Nevertheless, the indices finally reached all-time highs on the bourses after receiving the much-needed boost thanks to a significant FII inflow and improving economic conditions. The indices fell roughly 1 per cent after reaching fresh highs, owing to heavy losses in IT stocks, which resulted in a nearly 2 per cent drop in the sectoral index BSE Information Technology in just two sessions. 

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