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Sensex, Nifty Register Longest Rally In Over 3 Years: 10 Things To Know
Sensex ended 89 points higher at 34,395, Nifty settled at 10,548 After two years of normal monsoons, another year of good rains forecast This raises the possibility of higher economic growth
17 Apr 2018, 03:57 PM IST 
Among Nifty stocks, PowerGrid, HUL, Titan, ICICI Bank and Bharti Airtel rose between 1.5% and 3%
Expectation of normal monsoon and a shift in government spending towards rural areas bodes well, Goldman Sachs said in a note, maintaining its FY19 real GDP growth forecast at 7.6 per cent.
Another normal monsoon and the government's focus on rural development implies that rural income levels could rise faster in FY19, global brokerage CLSA said in a note, adding that one of the key beneficiaries of this would be Mahindra and Mahi...
