Indian stock markets surged today, supported by strong global cues and encouraging domestic macroeconomic indicators. The Sensex jumped over 800 points, while Nifty crossed the 22,500 mark to hit a fresh high.
Positive global sentiment, particularly gains in US and European indices, boosted investor confidence in Indian equities.
India’s GDP growth and moderating inflation numbers have exceeded expectations, indicating robust economic momentum.
Foreign institutional investors turned net buyers, infusing fresh capital into Indian markets and reversing a trend of selling.
Banking, IT, and financial stocks led the rally, with support from heavyweights like HDFC Bank, Reliance, and Infosys.
Also Read: RBI Holds Rates Steady, Focuses on Inflation; GDP Forecast Unchanged
Analysts suggest the rally is backed by strong fundamentals, though they advise caution and long-term focus amid possible volatility.
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