Market wrapBusiness Standard
Sensex zooms 1,300 pts; oil, FII buying aid rally
Positive+1
GreyOak summary
Sensex and Nifty 50 rallied intraday, driven by falling crude oil prices and aggressive FII buying. The Sensex hit a high of 82,427, up 1,321 points, while Nifty 50 reached 25,399. Banking and financial stocks led the surge, supported by better-than-expected Q2 earnings and easing geopolitical tensions regarding the US-Iran conflict.
What it affects
- FII flowsPositive +1
FIIs pumped in over 55,000 crore.Rolling sentiment Neutral +12
- SENSEXPositive +1
Sensex zoomed 1,300 points intraday.Rolling sentiment Positive +20
