The Indian stock markets extended their winning streak for a fourth consecutive session on Thursday, supported by improving global sentiment and a return of foreign investment:
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📈 Sensex: Gained 303.03 points, closing at 84,058.90
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📈 Nifty50: Rose 88.80 points, ending at 25,637.80
Both indices are now within reach of all-time highs, with broader markets also posting gains, thanks to reduced volatility.
🔍 What’s Driving the Rally?
1. Global Relief Factors:
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Ceasefire in the Middle East has lowered geopolitical risks.
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Easing trade tensions is restoring confidence in global supply chains.
2. Return of FIIs:
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Foreign Institutional Investors (FIIs) have resumed buying after a phase of selling.
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This shift is injecting fresh liquidity into Indian equities.
3. Domestic Strength:
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Low oil prices are easing inflationary pressure.
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The rupee has strengthened, helping investor sentiment.
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Macroeconomic indicators remain steady, reinforcing India’s growth narrative.
4. Earnings Optimism:
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Analysts expect stronger corporate earnings, especially in consumption-driven sectors.
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Resilient domestic demand is keeping the growth momentum alive.
🗣️ Expert Insight
Vinod Nair of Geojit Financial Services summed it up:
“A stronger rupee, benign oil, and stable macros are driving interest in domestic growth themes. FIIs turning buyers again is a big support.”
⏭️ What to Watch Next
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Whether benchmarks break past record highs in the coming sessions.
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Upcoming Q1 earnings season for cues on consumption, banking, and IT sectors.
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Trends in FII flows and global risk appetite as potential triggers.