Pre-market update Friday, July 05, 2024: The NSE Nifty 50 is in the process of completing a 5-week winning streak, and has rallied nearly 8 per cent during this period. At present levels, the NSE benchmark index holds a weekly gain of nearly 300 points, to make it fifth in a row.
The recent gains are driven by renewed buying interest by foreign investors; hopes of a rate cut in the…