Home Business Indian equity benchmarks settled higher on Thursday, boosted by a rally in...

Indian equity benchmarks settled higher on Thursday, boosted by a rally in auto stocks after Tata Motors soared 14%, while jewellery maker Titan Company touched a record high as it indicated a strong demand recovery in the second quarter.

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Dear Trader… Indian equity benchmarks bounced back and ended the Thursday’s trade with gains of around a percent, following strong global sentiments. After opening in the green, benchmark indices maintained the lead. Traders took encouragement as Moody’s Investors Service has said it will upgrade the country’s rating if there is an increase in growth potential and sustained decline in government debt. The rating agency had raised India’s sovereign rating outlook

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Nikhil Bhatt is a SEBI registered individual Research Analyst under the SEBI (Research Analysts) Regulations, 2014 is an entrepreneur, global thought leader with a sound understanding trend of BSE, NSE, financial industry segments and investment trends. According to Nikhil Bhatt, “Our mission is to spread financial awareness and improve financial literacy in a concise, simple and easy-to-understand manner. Backed by scientific research, ethical principles and reliable data, our publications benefit and guide the Indian financial / non financial community like merchants, managers, investors, traders and readers. We seek to make investment decisions more objective and mature”.