Stock Market Recovers: Sensex Jumps 600 Points, Nifty Crosses 22,500..
After volatility, markets end in the green; strong buying boosts indices…
News delhi : The Indian stock market rebounded after experiencing fluctuations, with both Sensex and Nifty closing in the green. The Sensex surged by 600 points, while Nifty crossed the 22,500 mark, driven by strong buying in key sectors. Investors regained confidence as positive global cues and domestic market trends contributed to the recovery.
During early trading hours, the market faced volatility due to mixed global sentiments and profit booking by investors. However, a strong recovery in banking, IT, and FMCG stocks helped indices regain lost ground. Blue-chip companies saw renewed buying interest, leading to a positive closing. Experts believe that improved macroeconomic indicators and institutional buying played a crucial role in the market’s upward movement.
Banking and financial stocks were among the top gainers, with heavyweights like HDFC Bank and ICICI Bank witnessing a surge. IT stocks also saw fresh buying interest as global technology shares remained stable. Meanwhile, the broader market showed resilience, with midcap and small-cap stocks also ending on a positive note.
Market analysts suggest that the recovery reflects strong investor sentiment and expectations of stability in the financial sector. They advise traders to remain cautious amid global uncertainties and upcoming economic data releases. The overall outlook for the market remains optimistic, with experts predicting continued momentum if positive factors persist.
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