Sensex surges 446 points; Nifty nears record high
The Indian stock market had a strong finish on Thursday, with the Sensex up 446.21 points and the Nifty close to its record high.
Financial and IT stocks led the way, boosted by upbeat global vibes and fresh foreign investment.
Why does this matter?
A rising Nifty signals growing confidence among investors, especially as India-US trade talks make progress and global tech earnings look solid.
Still, there's some caution in the air with key US economic data around the corner.
What's fueling the rally?
Impressive results in the tech sector gave tech stocks everywhere a lift—including India's IT sector.
Big names like Bajaj Finance, Bajaj Finserv, Eicher Motors, Reliance Industries, and Tech Mahindra all saw gains.
Plus, strong action in derivatives suggests investors are feeling pretty optimistic about what comes next.