Sensex Rockets 3,300 Points In 4 Days: What’s Driving The Surge

Sensex Rockets 3,300 Points In 4 Days

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The 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.

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The sharp recovery reflects improving investor sentiment, renewed risk appetite and optimism over domestic economic fundamentals amid persistent global uncertainties.

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Investors 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.

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Sensex 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.

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Reliance 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.

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The stock alone contributed approximately 750 points to the Sensex's 1,233-point gain during Monday's session.

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The sharp correction in international crude oil prices has been one of the biggest positives…

Original source: https://www.timesnownews.com/business-economy

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