Next Article
Sensex gains over 300 points, Nifty up nearly 100
Business
After the steepest weekly fall in seven months, India's stock market made a comeback on Monday.
By mid-morning, the Sensex was up over 300 points and the Nifty gained nearly 100—even though foreign investors have been pulling out big money this September.
Domestic investors have stepped in to help
Domestic investors have helped steady things by buying up shares—DIIs picked up ₹5,843 crore worth on September 26.
Bharat Electronics led the gainers, while Axis Bank slipped. The pharma sector got a boost too, thanks to China dropping import duties on Indian medicines.
With an RBI policy update around the corner, everyone's watching to see what happens next.