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Sensex surges over 500 points; Nifty crosses 26,100-mark

Business

The Indian stock market kicked off the week strong, with the Sensex jumping over 500 points and Nifty cruising past 26,100.
After weeks of ups and downs, this rally is giving investors a much-needed boost.

Why does this matter?

A stronger market is often interpreted as increased confidence in Indian assets—good news if you're watching your investments or thinking about starting.
A stronger rupee can potentially lower import costs for companies, and foreign investors are back to buying after earlier outflows.

What's fueling the surge?

It's a mix of things: RBI stepped in to support the rupee, both foreign and domestic investors have been buying big lately, and global markets are on an upswing.
Hopes for a US Fed rate cut next year are also adding to the positive vibes.