Indian equity benchmarks rose on Monday, led by information technology and banking stocks, on hopes that foreign portfolio investors (FPIs) will soon become net buyers. The Sensex ended the session at 85,568, up 638 points or 0.8 percent. Meanwhile, the Nifty ended the session at 26,172, up 206 points or 0.8 percent. For both the indices, Monday’s gains were the highest since November 26. The total market capitalization of BSE-listed firms rose by ₹4 trillion to ₹475 trillion.
“Indian markets extended their year-end rally, supported by strong liquidity and global cues, as expectations of further Fed easing in 2026 supported growth. Gold hit a record high, buoyed by rate cut expectations, robust central bank buying, sustained ETF inflows and rising global tensions, including Ukraine’s crackdown on Russian ships. Investors are now awaiting GDP figures for clarity on policy, which suggest steady growth.
