Indian Markets Surge: Sensex and Nifty Break 6-Day Losing Streak

Indian benchmark indices rebounded sharply on Thursday, February 13, 2025, ending a six-day losing streak. The BSE Sensex rose over 500 points, nearing 76,600, while the Nifty 50 approached 23,200. Banking and financial stocks led the rally, buoyed by domestic inflation data suggesting potential rate cuts. Kotak Mahindra Bank shares jumped over 2% as RBI lifted restrictions on new account openings. However, IT stocks faced pressure due to higher-than-expected U.S. inflation data. The market's resilience comes after investors lost nearly ₹18 lakh crore in the previous six sessions, highlighting the volatile nature of current market conditions.

Sources: Economic Times, NewsBytes, NDTV