Sensex surged 1,000 factors!
Right here’s what powered Thursday’s rally in simply 3 factors.
1. Weak Greenback:
Trump criticised Fed Chair Powell and hinted at changing him.
The greenback slipped, and hopes of a price minimize rose.
International cash flowed into rising markets like India.
2. Ceasefire Aid:
The Israel-Iran battle eased.
Oil provide fears dropped.
That supported India’s inflation outlook and financial place.
3. Crude Costs Fell:
Brent dropped to $67 a barrel.
That eased inflation worries and lifted market sentiment.
Metallic shares rose 2.3%, and banks and financials gained too.
BSE market cap jumped by ₹3.3 lakh crore in a day.
Backside line?
The greenback weakened, tensions cooled, and oil softened.
That created the right storm for a bullish day.
