Relief rally: Sensex soars 3,000 points in week
Dalal Street witnessed a significant rally following the Indo-Pak ceasefire, adding over $300 billion to investor wealth. The Sensex and Nifty climbed, fueled by foreign and domestic fund inflows, a fall in retail inflation, and expectations of RBI rate cuts. Smallcap and midcap stocks outperformed, with defense and railway sectors experiencing substantial gains.
Dalal Street witnessed a significant rally following the Indo-Pak ceasefire, adding over $300 billion to investor wealth. The Sensex and Nifty climbed, fueled by foreign and domestic fund inflows, a fall in retail inflation, and expectations of RBI rate cuts. Smallcap and midcap stocks outperformed, with defense and railway sectors experiencing substantial gains.
