Banking on Gains: Indian Markets Surge for Six Straight Days!

Indian equity markets are on an incredible growth spurt, with their sixth consecutive day of advances. The BSE Sensex rose more than 500 points, re-taking the 77,000 mark, as the Nifty50 touched 23,500. This rise is largely influenced by robust performance of banking and energy shares, as well as growing foreign institutional investor (FII) action.

 

Points of Importance:

Analysts believe that the momentum will sustain as investors are upbeat about future quarter earnings and stability in the markets.

 

Source: India Today, India Times, Financial Express