In a historic day for Indian markets, the Sensex skyrocketed by 1,439 points, crossing the 83,000 mark for the first time ever. Meanwhile, the Nifty 50 index also soared, gaining 470 points to reach an all-time high of 25,388.
This rally was driven by a robust performance in blue-chip stocks, with sectors like banking, IT, and energy leading the charge. Investors were buoyed by strong global market trends and positive corporate earnings reports, signaling renewed confidence in India’s economy.
Market experts believe that the combination of favorable global cues and strong domestic fundamentals will continue to fuel the market’s upward trajectory in the near future.