Overview

• The BSE Sensex closed above 80,000 for the first time since December 2024, ending the week with a 1.63% gain.
• Foreign Institutional Investors (FIIs) maintained a buying streak, contributing to the market's positive sentiment over the last 11 sessions.
• Optimism over a potential India-US trade deal and record GST collections in April bolstered investor confidence.
• RBI's April 9 repo rate cut and accommodative stance continued to provide liquidity support to the markets.
• Geopolitical tensions between India and Pakistan and mixed Q4 corporate earnings tempered broader market gains and increased volatility.