Bank Economy Indian stocks Technology
Synopsis Indian equities snapped a seven-session losing streak as Nifty gained 0.64% and Sensex surged 628 points, aided by relief in global bond yields. Market breadth turned positive, while analysts identified 24,100-24,000 as crucial support and 24,300 as immediate resistance. Benchmark Indian equity indices snapped their seven-day losing streak and finished higher on Thursday, August 20, as markets found much-needed relief after the US Treasury stepped in to contain the surge in global bond yields, triggering a strong, broad-based rebound and ending the domestic market’s week-long losing streak. The NSE Nifty50 ended 153.55 points, or 0.64%, higher at 24,231.85, while…
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