Sensex jumps 450 points as Nifty tops 26,000—here's what's up
Markets bounced back strong on Friday morning, with Sensex up over 450 points and Nifty crossing the 26,000 mark after a rough three-day patch.
The boost comes mainly from solid buying by Indian investors, which is helping balance out pressure from foreign sellers.
Why does this matter?
Big moves like these can shape where your mutual funds or stocks go next.
Domestic institutional investors have poured in over ₹36,000 crore this month—way more than what foreign investors pulled out.
Plus, SIPs (those monthly mutual fund investments) have stayed above ₹29,000 crore for three months straight. This steady flow is keeping the market vibe positive.
What's driving the action?
A recent interest rate cut by the US Fed has cooled global money outflows and kept things stable at home.
Even with some big withdrawals earlier in the year and a weaker rupee, experts say strong retail support and upbeat earnings forecasts are giving markets a safety net.
What to watch now
Stocks like L&T and ICICI Bank are leading today's gains.
Investors are also waiting for November inflation data dropping later today—it'll give more clues about where things could head next.