Sensex Rockets 3,300 Points In 4 Days
\n\nThe Indian Stock Markets have been witnessing significant uptick in the last four session driven by multiple factors including the standout performance by Reliance Industries stock. Sensex has staged a strong comeback on Dalal Street, surging around 3,300 points over the past four trading sessions as buying interest returned across key sectors.
\n\nThe sharp recovery reflects improving investor sentiment, renewed risk appetite and optimism over domestic economic fundamentals amid persistent global uncertainties.
\n\nInvestors are tracking a combination of domestic and global triggers, including foreign investor flows, corporate earnings, global market trends, crude oil prices and expectations around interest rates.
\n\nSensex has rallied a whopping 3325 points or 4.5 per cent in just four sessions. Meanwhile, Nifty is eyeing to reclaim the 23,700 mark as it gained nearly 1,000 points during this period.
\n\nReliance Industries emerged as a major catalyst for the rally. Company's better-than-expected September-quarter earnings boosted investor confidence, triggering a sharp rally in its shares. Reliance stock surged around 11.6% on Monday.
\n\nThe stock alone contributed approximately 750 points to the Sensex's 1,233-point gain during Monday's session.
\n\nThe sharp correction in international crude oil prices has been one of the biggest positives…
Original source: https://www.timesnownews.com/business-economy