Sensex skyrockets amidst foreign buying spree
The Indian stock market had a strong Friday, with the Sensex climbing over 1,000 points and the Nifty crossing 25,100.
The rally was powered by foreign investors pouring in ₹7,700 crore—even as domestic investors sold off ₹3,050 crore.
What led to the surge?
This surge added about ₹8.22 lakh crore to investor wealth and boosted confidence across banking, finance, auto, and metal stocks.
For anyone following markets or thinking about investing, these gains signal optimism about credit flow and sector health—especially if Nifty stays above that key 25k mark.
Top gainers on Friday
The Reserve Bank of India relaxed rules on how much banks must set aside for infrastructure loans under construction—dropping requirements from 5% to just around 1%.
This makes lending cheaper for banks like Power Finance Corporation and REC, which could mean more funding for big projects in power, housing, and roads.
Global cues and some short covering also helped push things higher.