Sensex above 59,000, Nifty near 17,600 —what’s fuelling rally in the market? | Zee Business

On the first trading day of the week, headlines indices Nifty50 and the S&P BSE Sensex surged over 1.25% to reclaim 17,500 and 59,000 respectively.

“FIIs December data may provide some relief to market participants,” said Gaurav Garg, Head of Research, Capitalvia Global Research Ltd.

4. December 2021 auto sale data: Despite chip shortage, auto industry threw mixed performance as the Maruti Suzuki, which remained at the top position in the sales of passenger vehicles, witnessed  decline in overall December sales YoY.

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