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Sensex, Nifty Extend Rally for Third Session as Economic Survey Lifts Sentiment
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INDIA New England News
- Advertisement -MUMBAI, India — Indian equity markets closed higher for a third consecutive session on Thursday, recovering from early volatility as investor sentiment improved following the release of the annual Economic Survey.
The survey’s optimistic assessment of economic growth and fiscal discipline helped markets shake off a cautious start and finish in positive territory.
According to the Economic Survey, India’s gross domestic product is projected to grow between 6.8 percent and 7.2 percent in the 2026–27 financial year.
At the close of trade, the Nifty 50 index rose 0.3 percent, or 76.15 points, to settle at 25,418.90.
In contrast, the Nifty Healthcare index ended as the worst performer of the day, followed by declines in the Nifty FMCG, Nifty Chemicals, and Nifty Pharma indices.