Diwali dhamaka isn’t over! How a Rs 38 lakh crore bull run sent Sensex up 8,000 points and Nifty up 10% in 8 days
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓India’s Diwali rally added Rs 38 lakh crore to the BSE market value in eight trading sessions.
- ✓The Sensex surged 8,000 points, while Nifty rose 10%.
- ✓V K Vijayakumar said, “This surge was triggered mainly by the aggressive FII buying of Rs 53,170 crores, so far, this month.”
Story at a Glance
- Category
- Indian Markets
- Reported By
- The Economic Times
- Reading Speed
- 7 Minute(s)
- Market Focus
- India Economy
India’s Diwali rally is gathering momentum, with the combined market capitalisation of all companies listed on the BSE rising by nearly Rs 38 lakh crore in just eight trading sessions this month. The market value of BSE-listed companies climbed to around Rs 512 lakh crore, while the Sensex surged nearly 8,000 points. The Nifty also rallied about 10% during the period to cross 25,400-level while Sensex soared above 82,500.
The rally, which began ahead of Diwali, has continued after the festival, powered by aggressive FII buying, stronger-than-expected Q2 earnings and improving global sentiment toward Indian equities led by cooling off in AI trade.
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The Economic Times
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