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Railway stocks soar over 10 percent as Sensex hits 73,000
india Jan 17 2024
Author: Rashmi Kuttan Image Credits:Freepik
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Market Surge:
Railway stocks saw a 10% surge on Monday, propelled by overall market buying.
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Record Highs:
Sensex crossed 73,000, and Nifty went beyond 22,000.
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Top Gainers:
IRFC led with an 18% increase, followed by RVNL (13.49%) and IRCON (7.51%).
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Transformative Phase:
India is in a transformative phase, marked by substantial infrastructure development in highways, logistics, ports, railways, and metro systems.
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Positive Impact:
The surge in infrastructure development has positively affected stocks linked to Indian Railways, Ports, and more.