Indian stock market soars: Factors explained
Indian stock markets just had a big three-day winning streak—Sensex jumped 1,000 points and Nifty soared by 304, hitting levels last seen nine months ago.
This rally boosted investor wealth by ₹9.7 lakh crore, with the market cap now at a massive ₹457.5 lakh crore.
What is driving the rally?
If you're following where money is moving, this surge was powered by metals, oil & gas, finance, and cement stocks—big names like Bharti Airtel and HDFC Bank even hit all-time highs.
Plus, Indian mutual funds pumped in over ₹36,000 crore in June alone (helping offset foreign investors pulling out), showing strong local confidence despite global uncertainty.
Global cues are turning positive
Global vibes are improving: Middle East tensions have eased and there's talk of US rate cuts on the horizon.
Meanwhile, ongoing India-US tariff talks and improved investor confidence at home are keeping optimism alive for investors here.