Indian equity markets staged a strong recovery from intraday lows, with the Sensex rising nearly 350 points from the day’s bottom and the Nifty scaling a fresh record high. The sharp turnaround reflected renewed confidence among investors and strong participation from institutional players.
One of the key drivers of the rally was buying in blue-chip stocks, led by heavyweight names such as Reliance Industries (RIL), which provided significant support to the benchmarks. Gains in select banking and FMCG stocks also added to the upward momentum.
Another major factor was renewed buying by foreign institutional investors (FIIs), which helped improve overall market sentiment. Fresh inflows signaled confidence in India’s growth outlook and supported broader market participation.
Positive global cues, stability in crude oil prices, and expectations of better corporate earnings visibility further contributed to the recovery. In addition, short covering after the early-session decline amplified the upside move.
The combination of blue-chip buying, FII inflows, supportive global trends, improved earnings outlook, and technical strength helped markets close higher, reinforcing the bullish undertone in Indian equities.
