CosmicTaco

Indian Stock Market Surges Amid Global Uncertainty

CosmicTaco · 2025-04-18T15:58:37.684800+05:30

- India's stock benchmarks surged as much as 2% on Thursday, driven by renewed purchases by overseas investors and traders cutting bearish bets ahead of a long weekend. - The NSE Nifty rose 414.45 points to close at 23,851.65, while the BSE Sensex gained 1,508.91 points to end at 78,553.2, marking their best weekly gains in four years. - Banks led the gains with ICICI rising 3.7%, SBI advancing 3.3%, and Kotak Mahindra moving up 3%, contributing to the overall market rally. - Despite mixed performances in US and European markets, foreign portfolio investors bought shares worth a net '4,668 crore on Thursday, boosting market confidence. - Analysts caution that the rebound may be short-lived, suggesting that the current market conditions favor traders rather than long-term investors. Source: [The Economic Times](http://economictimes.indiatimes.com/markets/stocks/news/d-st-indices-surge-nearly-2-erasing-years-losses-foreigners-return/articleshow/120398151.cms), [The Times Of India](https://timesofindia.indiatimes.com/business/india-business/sensex-soars-3k-points-in-3-days-to-top-78k-erases-years-losses/articleshow/120397777.cms)

India's stock benchmarks surged as much as 2% on Thursday, driven by renewed purchases by overseas investors and traders cutting bearish bets ahead of a long weekend.
The NSE Nifty rose 414.45 points to close at 23,851.65, while the BSE Sensex gained 1,508.91 points to end at 78,553.2, marking their best weekly gains in four years.
Banks led the gains with ICICI rising 3.7%, SBI advancing 3.3%, and Kotak Mahindra moving up 3%, contributing to the overall market rally.
Despite mixed performances in US and European markets, foreign portfolio investors bought shares worth a net '4,668 crore on Thursday, boosting market confidence.
Analysts caution that the rebound may be short-lived, suggesting that the current market conditions favor traders rather than long-term investors.

Source: The Economic Times, The Times Of India