Stock Market Today: Sensex and Nifty Rally on Foreign Inflows and Trade Optimism

Overview: Building Market Momentum The Indian stock market today witnessed a robust opening, with both the BSE Sensex and NSE Nifty 50 registering significant gains. The Sensex climbed over 366 points to reach 80,535, while the Nifty 50 advanced by 101 points, settling at 24,429. This upward momentum is attributed to positive global cues, strong foreign portfolio investments, and optimism surrounding a potential US-India trade agreement. Market Overview Sensex Performance : In early trading hours, the BSE Sensex increased by more than 350 points, surpassing the 80,600 milestone. Nifty 50 Movement : The NSE Nifty 50 surged past the 24,450 level, reflecting positive investor sentiment. Key Drivers Behind the Rally 1. Foreign Portfolio Investments (FPIs) Over the last nine sessions, FPIs have invested over $4.1 billion in Indian stocks, the longest purchasing streak since July 2023. During this time, the Nifty 50 has increased by 6.6% thanks to this inflow. 2. The potentia...