Market wrapFinancial Express
Sensex Nifty rally on bank auto gains FPI buying
Positive+1
GreyOak summary
Indian benchmark indices Sensex and Nifty rallied 0.95% and 0.84% respectively, driven by sustained foreign portfolio investor buying which hit a six-year high. Lower Brent crude prices around $92 eased inflation concerns, while PSU banks and auto sectors led the gains.
What it affects
- FII flowsPositive +1
FPI buying hit 6-year highRolling sentiment Neutral +12
- NIFTY 50Positive +1
Nifty gained 0.84% crossing 25,400 intraday.Rolling sentiment Positive +40
- SENSEXPositive +1
Sensex rose 0.95% to an eight-month high.Rolling sentiment Positive +20
- AutoPositive 0
Auto stocks led sectoral gains.Rolling sentiment Positive +28