Sensex Jumps 700 Points from Day's Low: 5 Reasons for Market's Sudden Surge
Business
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Moneycontrol•27-01-2026, 10:47
Sensex Jumps 700 Points from Day's Low: 5 Reasons for Market's Sudden Surge
- •Indian stock markets, Sensex and Nifty, rebounded sharply on Tuesday, January 27, recovering over 700 points from their day's lows.
- •Expectations of a Free Trade Agreement (FTA) between India and the European Union significantly boosted investor confidence and buying.
- •The Indian rupee strengthened by 10 paise against the US dollar, trading at 91.80, providing further support to the market.
- •Positive cues from global markets, including gains in Asian and US indices, contributed to the domestic market's recovery.
- •Declining crude oil prices and hopes of reduced US tariffs on India also played a role in the market's sudden upward trend.
Why It Matters: Indian stock markets saw a strong recovery driven by FTA hopes, rupee strength, global cues, and lower oil prices.
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