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Bloomberg Quint

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Image Credit: Bloomberg Quint

Stock Market Rally: Sensex Soars Over 950 Points; Nifty Near 24,900 — Key Drivers Behind Market Surge

  • Sensex surged over 950 points, with Nifty nearing 24,900, driven by positive market sentiment.
  • All sectoral indices on the Nifty traded in the green except for Pharma, indicating a broad-based recovery.
  • Global cues were mostly positive, with Asian markets trading higher and US Treasury bonds maintaining gains.
  • Indian rupee strengthened slightly against the US dollar, opening 4 paise stronger at 85.97 on Friday.

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