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Sensex, Nifty rally for 7th straight day: 3 reasons behind D-Street's winning streak

Reported by: CNBC TV18 ·

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Mahindra & Mahindra

Summary

CNBC TV18 reported that the Sensex and Nifty rose for a seventh straight session, with the Nifty closing above 25,000 at a nine-month high. The outlet said heavy buying in banking heavyweights, strength in M&M and precious metal stocks supported the market. It did not give point or percentage gains for the day in the headline. The Sensex and Nifty are the two main benchmark indices of the Indian stock market; the Sensex tracks 30 large listed companies on BSE and the Nifty tracks 50 on NSE. A nine-month high means the Nifty closed at a level it last reached about nine months ago. A winning streak of seven sessions means the indices ended higher than the previous close on each of the last seven trading days. M&M is Mahindra & Mahindra, a listed automaker. The report gives no figures for how much banking or metal stocks moved.

AI summary of what CNBC TV18 reported. AI can make mistakes. Read the full story on CNBC TV18

Learn: What are the Sensex and the Nifty?

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CNBC TV18  · · Tone +1

Sensex, Nifty rally for 7th straight day: 3 reasons behind D-Street's winning streak

The Sensex and Nifty extended their winning streak to seven sessions, with the Nifty closing at a nine-month high above 25,000. Heavy buying in banking heavyweights, strength in M&M and precious metal stocks supported…

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  • Sensex

    The Sensex and the Nifty 50 are scoreboards for a group of big Indian companies. Learn what they measure and how to read "Sensex up 300 points".

    Learn: What are the Sensex and the Nifty?

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