Nifty

Nifty recaptures 5K after 16 months

As the liquidity-driven global rally rolled on, nifty striked the significant level of 5,000, first time since May 2008. However, the Asian Development Bank (ADB) improved its growth estimate for major economies, including India and China stating that the region is leading a global revival but cautioned against finishing stimulus efforts quickly. Moreover, showing signs [...]