Nifty 50 Index Rises As RBI Unveils “Shock-And-Awe” Strategy

Talkmarkets
2025.12.24 07:20
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The Nifty 50 Index rose near its record high following the Reserve Bank of India's (RBI) "shock-and-awe" strategy to boost liquidity. The RBI plans to buy $22 billion in bonds and conduct a $10 billion forex swap. This move aims to offset recent cash drains. The index also reacted to a U.S. court ruling on H1-B visa fees and ongoing trade conflicts. Top gainers include Shriram Finance and Maruti Suzuki, while laggards include Tata Motors and Infosys. The index is expected to continue rising, targeting a resistance level of ₹26,400.