New day, new high: Will stocks sustain Thursday’s momentum?

New day, new high: Will stocks sustain Thursday's momentum?

Stock benchmarks touched new records and mid-cap stocks joined the Street party on Thursday, signalling rising risk appetite among investors betting on interest rate cuts in the US and earnings momentum in India. The day witnessed a strong rally driven by a mix of factors: weekly derivatives expiry; a rate cut in China; optimism ahead … Read more