Latest News Update on Nifty and Equity Market
The Nifty jumped over 35 points to hit a record high of 8,623 on Monday as oil prices tumbled to five-year low and foreign investors continued to be net buyers of domestic equities. On Friday, FIIs bought shares worth Rs 936 crore.
Markets also got a sentimental boost after the government scrapped a rule mandating traders to export 20 per cent of all gold imported into the country.
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