Sensex and Nifty Surge as RBI Liquidity Boost Sparks Buying in Banking, Rate-Sensitive Stocks; Global Markets Mixed.
Benchmark indices Sensex and Nifty rebounded after two days of decline, driven by strong buying in banking and rate-sensitive stocks following the RBI's decision to inject liquidity. Sensex rose 535.24 points to 75,901.41, peaking at 76,512.96, while Nifty increased by 128.10 points to 22,957.25, reaching an intraday high of 23,137.95. Major gainers included Bajaj Finance, Axis Bank, and HDFC Bank, while Sun Pharmaceutical and Larsen & Toubro were among the laggards. Asian markets showed mixed results, European markets traded higher, and US markets closed lower. Brent crude oil rose to USD 77.56 per barrel.