Sensex jumps 500 points; what drove the Indian stock market higher today? Explained with 5 factors
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1 month, 3 weeks ago

Sensex jumps 500 points; what drove the Indian stock market higher today? Explained with 5 factors

Live Mint  

Stock market today: Snapping their two-day losing run, Indian stock market benchmarks- the Sensex and the Nifty 50- closed in the positive territory on Tuesday, January 28. Sectoral indices today Nifty Realty index jumped over 2 per cent, while Nifty Bank, PSU Bank, Private Bank, and Financial Services indices rose almost 2 per cent each. The Nifty Bank and Nifty Financial Services indices jumped almost 2 per cent after the Reserve Bank of India announced a set of forex and money market measures that will collectively infuse ₹1.5 trillion over time. Most experts believe that the recent fall in the Indian stock market is an opportunity to buy quality stocks due to the long-term structural growth story of the Indian economy.

History of this topic

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1 hour, 37 minutes ago
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