Sensex Rises 10.6% in 7-Session Pre-Diwali Rally, Best in 35 Years
The Sensex surged 10.6% over seven sessions before Diwali, marking its best rally in 35 years. It closed 8.8% higher for the week, gaining 1,781 points on Friday despite a US market crash led by AI stocks. Foreign portfolio investors bought Indian stocks worth about Rs 49,500 crore, boosted by hopes of US policy stability and a diplomatic resolution in West Asia, which lowered crude prices by 20%. The Sensex crossed 80,000 points, and the Nifty surpassed 25,000 points.
TOI Business··Mumbai


