SOURCE : NEW18 NEWS
Last Updated:April 28, 2025, 10:25 IST
Benchmark indices staged a strong rebound on Monday, bouncing back decisively from last session’s weakness; Know key reasons behind the rally
Know key reasons behind stock market rally today
Why Is Sensex, Nifty Rising Today? Benchmark indices staged a strong rebound on Monday, bouncing back decisively from last session’s weakness.
By 10:15 am, the S&P BSE Sensex had jumped 849.30 points to 80,061.83, while the NSE Nifty50 advanced 237.10 points to 24,276.45. All broader market indices were also firmly in the green, pointing to robust market sentiment.
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The sharp uptick was led by heavyweight stocks like Reliance Industries, Mahindra & Mahindra, and a cluster of blue-chip counters. Banking and financial services stocks also saw strong buying interest, adding to the market’s upward momentum.
Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, noted that the Indian market’s resilience amid global and geopolitical uncertainty was striking.
“The heightened uncertainty from Indo-Pak tensions will continue to be a concern, but markets often climb a wall of worry,” he said.
Vijayakumar highlighted the return of foreign institutional investors (FIIs) as a key catalyst, with net inflows of ₹32,465 crore over the last eight days marking a dramatic shift from their previous selling trend.
He also pointed to softening U.S. economic data and a weaker dollar, which are fueling global capital flows into emerging markets like India, providing strong support for domestic equities.
