Good news for investors. Indian stocks have been rising steadily over the last few days, with news of reduced interest rates in India, and positive indicators from other Asian markets.
In early trades today, NIFTY crossed the psychological barrier of 8000, while the SENSEX rose by 371 points.
This is very encouraging, specially in light of the impending festive season. The renewed buoyancy in stocks is expected to result in renewed consumer interest, resulting in robust spending this Pooja and Diwali festivals.
