Economics · Economy
When the Nifty 50 index benchmarks high milestones, an individual day's major surge can spark vast market rallies. Historically, on a major single-day rally pushing indices forward, a percentage gain of 1.60% represents approximately which type of market movement?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1An unprecedented extreme lower circuit break
- 2A technical correction leading to a temporary halt
- 3A substantial single-day bullish expansion✓
- 4A marginal, near-flat horizontal market movement
Correct answer
A substantial single-day bullish expansion
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