Indian Stock Markets Experience Sustained Gains, with Sensex Surging 600 Points and Nifty 50 Reclaiming 23,850

Indian Stock Market Sees Healthy Buying Interest

The Indian stock market witnessed significant buying interest on Thursday, 21 May, with both the Sensex and the Nifty 50 benchmarks experiencing a notable surge. The morning deals saw the Sensex jump over 600 points, or more than 0.80%, to reach an intraday high of 75,946. The Nifty 50 also rose by 0.85% to the day's high of 23,860.

This broad-based buying interest was reflected in the mid and small-cap indices on the BSE, which rose by 1% each. As a result, the overall market capitalisation of BSE-listed firms reached ₹464 lakh crore by 9:25 am, up from ₹461 lakh crore in the previous session. This increase in market capitalisation translates to investors becoming richer by approximately ₹3 lakh crore within the first 10 minutes of the session.

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