Market Soars on Banking Gains, Foreign Investment
Equity benchmarks Sensex and Nifty opened strongly on Monday, April 21, 2025, fueled by robust buying in HDFC Bank and ICICI Bank following their positive earnings announcements. The surge was further amplified by consistent foreign fund inflows.
The 30-share BSE Sensex experienced a significant jump of 599.66 points, reaching 79,152.86 in early trading. Similarly, the NSE Nifty climbed 152.55 points to 24,004.20.
This positive market momentum reflects investor confidence in the banking sector and the overall Indian economy. Further details on contributing factors from other Sensex companies are awaited.
This surge underscores the impact of strong corporate performance and foreign investment on market sentiment. The continued inflow of foreign capital is crucial for India’s economic growth and stability, particularly in the current global economic climate.