Published on 16/04/2026 05:49 AM
The bulls would want to take heart from the overnight rally on Wall Street.
S&P 500 gained for 10th out of the last 11 trading sessions.
Nasdaq rallied for the 11th day running.
Both the indices ended at record high levels overnight.
The Nifty 50 index is now up over 2,000 points from the recent lows of 22,182.
Largecaps have done well, but it is the broader markets that have outperformed.
The Nifty Smallcap 250 index recovered all of its Iran war losses during Wednesday’s trading session.
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