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Market wrapFinancial Express

What’s driving Sensex, Nifty’s massive 12-session rally? 3 numbers that tell the real story

Positive+7

GreyOak summary

The Sensex rallied 9,000 points to cross 82,000, driven by foreign institutional investors pumping nearly Rs 80,000 crore into equities since October-end. Financial services, realty, and PSU banks led the advance, while IT stocks emerged as the biggest sectoral laggard, declining 1.36%. The reversal follows months of heavy FII selling and coincides with easing crude prices.

What it affects

  • SENSEXPositive +7

    Gained 9,000 points to cross 82,000.Rolling sentiment Neutral +1

  • NIFTY 50Positive +7

    Climbed above 25,000, up 3,000 points.Rolling sentiment Positive +21

Source

Read the original at Financial Express

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