Times of India | Sensex up 753 pts, at 6-week high
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On Tuesday, the BSE Sensex jumped 753 points (about 1 %) to close just above 79,000, a level not seen in six weeks, as Brent crude fell below $90 a barrel and WTI hovered near $85 amid expectations of a second round of US‑Iran peace talks. Banking and financial‑services stocks, led by HDFC Bank, ICICI Bank and Axis Bank, drove the rally, while the NSE’s Nifty also rose 212 points (0.9 %). Analysts said the upward trend could continue, supported by easing oil prices, improving macro conditions and strong Q4 earnings, but warned that the cease‑fire deadline and any negative surprise from the diplomatic effort remain key downside risks. Foreign investors sold ₹1,919 crore on the day, yet domestic funds were net buyers of ₹2,221 crore, indicating that foreign‑fund flows remain a crucial factor for Indian markets.
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#Sensex #BSE #HDFCBank #Nifty #IndiaInc #SiddharthaKhemka
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