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Friday, August 30, 2024

Nifty rallies for 12th day - its longest winning run ever

Sensex and Nifty reached new highs on Friday, driven by positive feedback from global ratings firms about the Indian economy. Buying by India-focused funds after MSCI updated the weights for some Indian stocks also boosted sentiment. Nifty closed at 25,236, marking its 12th straight session of gains, the longest run since the index was launched.

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