FPI flows can be expected to rebound and the BSE Sensex and NSE Nifty may scale new highs.
The 30-share BSE Sensex advanced 228.46 points or 0.44% to end at a record closing high of 52,328.51, while the 50-share Nifty index jumped 81.40 poin
With global macros finding a grip amidst the pandemic, domestic benchmark indices may continue to dilly-dally in the near term
A continued surge in the second wave of COVID-19 cases in the country has posed a risk to the sustainability of the rebound of earnings momentum
Macroeconomic data, the movement of rupee against the dollar and crude oil prices will dictate trend on the bourses in the near term.