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Indian Stocks Rally as Sensex Climbs 900 Points and Aeroflex Shares Soar

Reserve Bank of India easing of project funding norms has fueled broad gains in domestic equities.

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आशीष कचोलिया के निवेश वाले शेयर में तूफानी तेजी,एक दिन में 18% चढ़ा स्टॉक

Overview

  • On June 20, Sensex jumped about 900 points to around 82,274 and Nifty 50 rose over 270 points past the 25,000 mark.
  • Aeroflex Industries Ltd’s stock rallied 18% in a single session and has gained over 29% in the past three trading days.
  • Revised RBI guidelines have loosened requirements for project financing by banks, NBFCs and cooperative lenders, boosting finance-sector stocks.
  • Foreign institutional investors purchased ₹1,824 crore of equities in the last two trading sessions while domestic institutions invested ₹2,566 crore for a 12th straight day.
  • The US Federal Reserve’s indication of two interest-rate cuts in 2025 has bolstered optimism among equity investors.