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What caused Indian stock market to end its longest losing streak in a year?
short by Hiral / on Tuesday, 8 October, 2024
Nifty 50 ended its longest losing streak in a year to close above 25,000 on Tuesday. Indian equities recovered after falling for six straight sessions due to geopolitical tensions and foreign outflows. Lack of specific details from China on its stimulus measures, BJP's victory in Haryana Assembly elections and anticipation regarding RBI's monetary policy decision fuelled the rally, experts said.
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