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Dalal Street stayed under pressure today as global uncertainty and currency-plus-FII outflows rattled investor confidence.
π Sensex dropped again, while Nifty slipped under the 25,800 mark β extending the slide for the third straight session.
Weakness hit broadly across sectors, with mid-caps & small-caps also feeling the heat.
Investors played it safe ahead of major global cues and continued foreign fund selling.
Sentiment remains shaky β watch this space for whatβs next.
The Indian stock market ended on fire today! π₯
RBIβs surprise repo rate cut boosted investor confidence, sending the market sharply higher.
π Sensex jumped over 447 points
π Nifty closed strong above 26,150
π Financials, NBFCs & IT stocks led the rally
π Broader market mixed but sentiment turned positive
A solid recovery as bulls take control again! ππ₯
Stay tuned for tomorrowβs actionβ¦
India gets a major monetary boost!
RBI has reduced the Repo Rate by 0.25% β New rate 5.25%.
What it means for you:
πΈ Cheaper EMIs (Home, Car, Personal Loans)
π Relief for borrowers
π Stronger economic growth outlook
π Inflation easing β Price stability ahead
India moves closer to a growth + low-inflation sweet spot!
After four straight sessions of decline, markets made a resurgence today!
Sensex gained ~158 points and Nifty 50 climbed back above 26,000, driven by gains in IT, Realty and select heavyweight stocks.
Rupee-related pressure eased slightly, giving investor sentiment a breather.
While mid-caps stayed flat, overall market mood turned cautious-optimistic heading into the next session.
Stay tuned for more updates! π
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