Overview
- The BSE Sensex surged 1,005.84 points (1.27%) to close at 80,218.37, while the NSE Nifty climbed 289.15 points (1.20%) to settle at 24,328.50.
- Reliance Industries shares soared 5.27% to a six-month high of ₹1,368.50, contributing nearly 400 points to the Sensex’s gains following strong Q4 earnings.
- Major banks, including ICICI, Axis, SBI, and HDFC, collectively added approximately 335 points to the Sensex, reinforcing the market's upward momentum.
- Foreign portfolio investors (FPIs) and domestic institutional investors (DIIs) maintained net buying positions for the second consecutive session, injecting ₹5,291.74 crore into the market.
- Investor wealth grew by ₹4.53 lakh crore to ₹426.12 lakh crore ($5 trillion), recovering significant losses from the previous week.