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New Delhi<\/strong>: Domestic equity benchmarks, the Sensex and Nifty 50 ended their three-day losing streak on Wednesday, August 7, buoyed by strong global cues and a rebound in global markets.<\/p>\n The 30-share BSE benchmark soared by 900 points, while the NSE Nifty closed above the 24,300 mark.<\/p>\n The indices kicked off the day on an upbeat note, mirroring the positive trend of other Asian markets, as traders reassessed concerns over a potential US recession.<\/p>\n In addition, domestic real estate stocks experienced a surge following the government\u2019s relaxation of the newly implemented property tax rules.<\/p>\n The broader market, encompassing the mid and small-cap indices, concluded the day with a bullish stance. Both indices climbed nearly three per cent, surpassing the day\u2019s gains of the Nifty.<\/p>\n Since the beginning of the year, the broader market has comfortably outperformed the main indices. With market valuations remaining high, investors are advised to focus on large-cap investments rather than mid and small-caps. All sectors finished in positive territory, with the Nifty Metal index emerging as the top performer.<\/p>\n<\/div>\n [ad_2] [ad_1] New Delhi: Domestic equity benchmarks, the Sensex and Nifty 50 ended their three-day losing streak on Wednesday, August 7, buoyed by strong global cues and a rebound in global markets. The 30-share BSE benchmark soared by 900 points, while the NSE Nifty closed above the 24,300 mark. The indices kicked off the day on […]<\/p>\n","protected":false},"author":1,"featured_media":30639,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26],"tags":[],"class_list":["post-39141","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"jetpack_featured_media_url":"https:\/\/thenftimes.com\/wp-content\/uploads\/2024\/06\/market-pti.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/39141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/comments?post=39141"}],"version-history":[{"count":1,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/39141\/revisions"}],"predecessor-version":[{"id":39142,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/39141\/revisions\/39142"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media\/30639"}],"wp:attachment":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media?parent=39141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/categories?post=39141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/tags?post=39141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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