MOSt Market Round Up

Market Analysis
22 Apr 2024
5 Min read 
  • Nifty closes above 22300, up nearly 1% due to rally in Asian and European markets.
  •  Capital goods, PSU Banks, consumer durable, pharma, auto, and fertilizer stocks were major gainers.
  •  Sentiment boosted by easing tensions between Iran and Israel and decline in oil prices.
  •  Hope of normal monsoon and strong domestic tax collection added fuel to market sentiment.
  •  PSU Banking stocks witness fresh buying, Nifty PSU Bank Index soars 3%.
  •  Air condition stocks rally due to high temperature boosting AC demand.
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