By Admin 
Indian Stock Market Rally: The Indian stock market has become lively even before Diwali. There is a continuous rise in the market on the fourth trading day of the week. At the end of the trading session, the 30-share BSE Sensex index closed at 83,467.66 with a rise of 862.23 points or 1.04 percent. Whereas NSE Nifty 50 closed at 25,585.30 while trading on the green mark. A rise of 261.75 points or 1.03 percent was recorded in Nifty 50.
28 shares from BSE basket closed in the green and only 2 shares registered a decline. Investors got huge benefits from this tremendous boom in the Indian stock market. Let us know some of the main reasons for this rise.
Some of the main reasons behind this tremendous rise in the stock market
1. Return of confidence of foreign investors
Foreign investors have not expressed confidence in the Indian stock market this year. Foreign investors have withdrawn their money through continuous selling. However, in the last 2 days, foreign investors have made huge purchases. On Wednesday, October 15, foreign investors invested Rs 68.64 crore in the Indian market. Which continued on Thursday also.
Also, if we talk about the data of the last 7 days, till now foreign investors have invested about Rs 3000 crore in the Indian stock market. Foreign investment strengthens the rupee and other investors also see profits in the market. Due to continuous investment, the Indian stock market became bullish.
2. There was a rise in banking shares
There was strength in the banking sector in the stock market on Thursday. There was a rise of 1.10 percent in Nifty Bank. Also, there was a rise in the stock market due to purchases in Axis Bank and AU Small Finance Bank. Investors were also excited by the news of merger of public sector banks and invested.
3. India America Trade Deal
Talks are going on between India and America regarding trade deal. Meanwhile, on Thursday, India’s Commerce Secretary Rajesh Aggarwal will participate in the talks with the Indian delegation in Washington. Due to which positive results are expected. There are possibilities that an energy related deal may be sealed between the two countries. The prospects of improving trade relations between the two countries strengthened the Indian stock market.
4. Strength of the global market
Most of the markets in Asia started with green mark. South Korea’s Kospi, Japan’s Nikkei 225 and Shanghai Composite Index all saw a rise. The Indian stock market also got support from this global strong signal and it also ended the trading day with tremendous gains.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
Also read: India defies US tariffs! Exports showed tremendous strength in 2025