Global Money, Domestic Rally
After months of volatility, Indian benchmark indices finally took a much-needed breather and staged a remarkable comeback. Since October 2024, this has been the most eye-catching and consistent rally, with the BSE Sensex and Nifty 50 climbing steadily over the past fortnight. Both indices registered impressive gains of 5-6 per cent in just eight trading sessions, reflecting renewed investor confidence and a shift in market sentiment. The primary catalyst behind this upward momentum has been strong foreign institutional investor (FII) inflows.