Investors Rejoice: Markets Defy Downtrend and Gain Big
On Tuesday, investors saw a significant gain as the BSE Sensex climbed nearly 585 points, ending a six-day losing streak. Major blue-chip stocks like HDFC Bank and Reliance Industries saw value buying, resulting in a market value increase of Rs 7.51 lakh crore despite global economic uncertainties.
- Country:
- India
On a notable Tuesday, investors celebrated a remarkable gain as markets swiftly rebounded, ending a challenging six-day downturn.
The BSE Sensex surged by nearly 585 points, fueled by substantial buying in key blue-chip stocks such as HDFC Bank, Reliance Industries, and Mahindra & Mahindra.
This dramatic recovery added Rs 7.51 lakh crore to investors' wealth, despite continued uncertainties on the global front, with expectations hinging on the Reserve Bank of India's upcoming credit policy decision.
(With inputs from agencies.)
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