Nifty 50 above 100-DEMA. 5 factors that likely drove the Indian stock market. Is a Santa Claus rally around?
Nifty 50 above 100-DEMA. 5 factors that likely drove the Indian stock market. Is a Santa Claus rally around? Nifty 50 jumped 0.70 per cent to the level of 24,445.80, breaking above its 50 and 100-day exponential moving averages (DEMA). The index has surpassed previous resistance levels. Nishant Kumar Updated 3 Dec 2024, 04:17 PM IST Test Nifty 50 above 100-DEMA. 5 factors that likely drove the Indian stock market. Is a Santa Claus rally around? (Agencies) Year-end getaways made easy--fund your trips with personal loan up to ₹10 lakhs! Apply Now Stock market today: The Indian stock market clocked healthy gains for the third consecutive session on Tuesday, December 3, led by gains in shares of select heavyweights, including Reliance Industries, HDFC Bank and Larsen and Toubro. Benchmark index Nifty 50 jumped 0.85 per cent to the level of 24,481.35 in intraday trade, breaking above its 50 and 100-day exponential moving averages (DEMA). The index finally closed 0.75 per cent hi...