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