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Stock Market Today: Sensex Jumps Nearly 500 Points Despite Weak Asian Markets; Here’s What’s Driving The Rally
['Ayushi Bisht', 'Post Published']
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Stock Market Today: Sensex Jumps Nearly 500 Points Despite Weak Asian Markets; Here’s What’s Driving The RallyIndian markets opened with strong gains even as most Asian indices traded lower.
Sensex Jumps Nearly 500 Points Despite Weak Asian Markets (Img: X)New Delhi: Indian benchmark equity indices opened Tuesday's trading session on a positive note, shrugging off weakness across several Asian markets.
Supported by sustained institutional buying and improving market sentiment, the BSE Sensex gained nearly 500 points in early trade, while the Nifty 50 also traded firmly above the 24,700 mark.
The positive breadth also reflected improving confidence among retail and institutional investors following recent market strength.
Domestic Institutional Investors (DIIs) also remained net buyers, providing additional support to market sentiment.