Sensex soars amid easing geopolitical strains, oil price drop
Sensex closed above 84,000 and Nifty reached its best in nine months this Friday, marking two days of steady gains.
Both indices got a boost from easing tensions in West Asia and a sharp drop in oil prices, which helped lift investor mood.
Sensex gains over 500 points
A stronger market means more confidence—good news if you're investing or just curious about India's economy.
The rally wasn't just for the big names: midcap stocks saw solid gains, while the rupee strengthened as foreign investors jumped back in.
What led to the rally?
Geopolitical stability (thanks to an Israel-Iran ceasefire), cheaper oil, and hopes for better US-India trade ties set the stage.
Plus, with over 2,250 stocks advancing on Friday alone and banking shares hitting records, optimism is running high.
Investors are now watching upcoming corporate earnings to see if this momentum keeps going.