India’s stock market streaked into a fourth consecutive session of gains, reinforcing underlying bullish sentiment. The BSE Sensex ended at 84,563, up 84 points, and the Nifty 50 closed at 25,910, adding 31 points. Investors were driven by buying in sectors such as banking, telecom and fast-moving consumer goods (FMCG). In parallel, the Indian rupee appreciated slightly, rising 4 paise to close at ₹88.66 against the US dollar.
However, the rally lacked full strength. A firming US dollar and higher crude oil prices (Brent crude up ~1.6 % to around $64/barrel) muted sharper gains in both equities and the rupee. Despite global headwinds, the Indian markets held up well — a hint that domestic factors such as policy clarity and liquidity support are keeping investor interest intact. The modest rupee uptick also reflects cautious currency flows rather than a strong breakout. Investors will be watching upcoming global data, oil movements and foreign-fund activity to assess whether the momentum can sustain.
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