Rising KashmirRising KashmirRising Kashmir
  • Home
  • Top Stories
  • News
    • Kashmir
    • City
    • Jammu
    • Politics
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Search

Archives

  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Anchor
  • Breaking
  • Business
  • City
  • Developing Story
  • Editorial
  • Education
  • Features
  • Health
  • Interview
  • Jammu
  • Jammu and Kashmir News
  • Kashmir
  • Kashmir Tourism
  • Kath Bath
  • National
  • Opinion
  • Politics
  • Sports
  • Technology
  • Top Stories
  • Trending
  • Uncategorized
  • Video
  • Viewpoint
  • World
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Indian stock indices stretch gains on firm overseas cues
Share
Notification Show More
Font ResizerAa
Rising KashmirRising Kashmir
Font ResizerAa
  • Home
  • Top Stories
  • News
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Search
  • Home
  • Top Stories
  • News
    • Kashmir
    • City
    • Jammu
    • Politics
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Follow US
© 2024. All Rights Reserved.
Rising Kashmir > Blog > Breaking > Indian stock indices stretch gains on firm overseas cues
Breaking

Indian stock indices stretch gains on firm overseas cues

ANI
Last updated: June 21, 2023 11:04 am
ANI
Published: June 21, 2023
Share
2 Min Read
SHARE

Indian stock indices traded positively on Wednesday morning, tracking firm cues from overseas peers and indications that the US may avoid a recession. Sensex and Nifty were 0.2-0.3 per cent higher at the time of writing this report.

“In tune with the International Yoga Day, the market is slowly stretching both ways, without any sharp up or down moves. However, the broad market trend is up,” said VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

“Globally markets are bullish even when global growth is sluggish. The reason for this bullish trend is that the US recession, which markets had discounted last year, didn’t happen and there are indications that the US might avoid a recession. So, markets are correcting the wrong discounting of last year,” Vijayakumar added.

Strong fundamentals including a firm GDP outlook, moderate inflation and strong purchases by foreign investors are positive for the markets. The domestic stock indices are near their all-time highs.

However, the slow progress of the southwest monsoon by far remains a concern for financial markets.

Meanwhile, Prime Minister Narendra Modi’s US visit and possible defence collaboration between the two countries have brought back focus to defence stocks in India.

Defence stocks have performed quite strong, in fact, many turned multi-bagger, over the past few years due to the government’s aggressive indigenous manufacturing push. (ANI)

Palaash Mahore Children experience exclusive dialogue with PM Modi
Op Bihali : Indian Army, J&K Police Launches Joint Operation in Basantgarh in Pursuit of Terrorists
Six firefighters injured as massive fire erupts in Srinagar’s Bemina
Sajjad Shaheen flags off SRTC Bus Services connecting Jammu, Gool, and Banihal
“Huge loss, urge Centre for support”: NC Chief Farooq Abdullah on Ramban landslides, flash floods

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp Copy Link Print
Previous Article After Hottest Summer Day, Night Temp Too Goes Up In J&K
Next Article Inaugural session of 4th Tourism Working Group Meeting under G20 held in Goa
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

1MFollowersLike
262kFollowersFollow
InstagramFollow
234kSubscribersSubscribe
Google NewsFollow

Latest News

Srinagar Police Attach Property Worth Rs 1.5 Crores Under UAPA
Breaking
July 5, 2025
Ramban: Last vehicle of Pahalgam convoy hits four stranded vehicles; 36 passengers sustain minor injuries
Breaking
July 5, 2025
24 die in Texas floods, Trump calls inundation ‘terrible’
Breaking World
July 5, 2025
D Gukesh leads with 14 points in Grand Chess Tour after five consecutive victories
Breaking Sports
July 5, 2025

Recent Posts

  • Srinagar Police Attach Property Worth Rs 1.5 Crores Under UAPA
  • Ramban: Last vehicle of Pahalgam convoy hits four stranded vehicles; 36 passengers sustain minor injuries
  • 24 die in Texas floods, Trump calls inundation ‘terrible’
  • D Gukesh leads with 14 points in Grand Chess Tour after five consecutive victories
  • Baramulla admin restricts Muharram 9 processions in Pattan areas

Recent Comments

  1. Raja Mani Khan on Srinagar: People gather in big numbers to participate in Muharram procession
  2. Shah on Relief for Employees: J&K Bank Fixes EMI-Credit Mismatch, says JK Bank Chairman
  3. Latif khan on Why Kashmir needs Stronger Private Healthcare and Health Insurance
  4. Sameer farooq mir on Qazi Irfan assumes charge as RTO Kashmir
  5. Captain Vikrama on CM Omar Abdullah hails historic feat as three Kashmiri Girls crack IIT-JEE Advanced

Contact Us

Flat No 7,Press Enclave, Srinagar, 190001
0194 2477887
9971795706
[email protected]
[email protected]

Quick Link

  • E-Paper
  • About Us
  • Contact Us

Top Categories

Stay Connected

1.06MLike
262.5kFollow
InstagramFollow
234.3kSubscribe
WhatsAppFollow
Rising KashmirRising Kashmir
Follow US
© 2025. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?