Investors richer by Rs 29 lakh crore as Sensex, Nifty rise over 8%; FIIs pour in money, but will rally last?
Several factors are working to drive the current rally, the most important one being expectations of relief on long term capital gains (LTCG) tax for investors. Indian equity markets recorded their sharpest single-day rise in seven months on Thursday, supported by a decline in oil prices following the Democrats’ sweeping victory in the US midterm…
