Stock Markets Rally After Positive Economic Growth Reports

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 Global stock markets experienced a significant rally following the release of positive economic growth reports, signaling renewed investor confidence and optimism about the global economic outlook.​

Indian Markets Surge on Strong Earnings and Economic Indicators

In India, the benchmark indices witnessed substantial gains. The BSE Sensex soared by 855.30 points, or 1.09%, closing at 79,408.50, while the NSE Nifty 50 advanced by 273.90 points, or 1.15%, to settle at 24,125.55. This marked the fifth consecutive session of gains for Indian equities. The rally was primarily driven by robust earnings from major financial institutions like ICICI Bank and HDFC Bank, both hitting record highs and bolstering investor sentiment across the banking sector. Additionally, a weakening U.S. dollar enhanced the attractiveness of Indian equities to foreign investors, further fueling the market uptrend.Global stock markets experienced a significant rally following the release of positive economic growth reports, signaling renewed investor confidence and optimism about the global economic outlook.​

Indian Markets Surge on Strong Earnings and Economic Indicators

In India, the benchmark indices witnessed substantial gains. The BSE Sensex soared by 855.30 points, or 1.09%, closing at 79,408.50, while the NSE Nifty 50 advanced by 273.90 points, or 1.15%, to settle at 24,125.55. This marked the fifth consecutive session of gains for Indian equities. The rally was primarily driven by robust earnings from major financial institutions like ICICI Bank and HDFC Bank, both hitting record highs and bolstering investor sentiment across the banking sector. Additionally, a weakening U.S. dollar enhanced the attractiveness of Indian equities to foreign investors, further fueling the market uptrend.