The stock market opened on a high note, with the Sensex surging 750 points to hit 80,200 and Nifty rising to 24,400. Public Sector Banks (PSBs) led the rally with a 4% increase, fueled by strong investor interest due to favorable sectoral performance and expectations of continued growth. Auto stocks also contributed significantly, reflecting optimism around consumer demand and economic recovery.
While other indices showed steady growth, the primary drivers of today’s market boost were PSBs and the Auto sector. Investors remain focused on upcoming earnings reports and macroeconomic developments, keeping a close eye on global cues and policy outlooks.
