Indices rise for 9th straight day, post longest-winning streak since 2018

The last time the Sensex had gained for nine straight sessions was in April 2018

The benchmark indices eked out gains to rise for the ninth straight day, as investors shrugged off concerns about a halt in Johnson & Johnson’s Covid-19 vaccine study and rising domestic inflation.

The Sensex closed up 0.1 per cent, or 31.71 points, at 40,625.51, after swinging between gains of 0.5 per cent and losses of 0.3 per cent following Johnson & Johnson’s announcement that its study had been temporarily halted because a clinical trial participant experienced an unexplained illness. The Nifty50 added three points, or 0.03 per cent, to end at 11,934.50 — also edging higher for a ninth day. 

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