HighPositive
Announced Mon, 27 Jul · 21:28 IST
Ahead of Market: 10 things that will decide stock market action on Tuesday
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Sensex surged 776 points to close at 76,836 while Nifty 50 gained over 228 points to 23,996 on Monday, adding more than Rs 5 lakh crore to the total BSE market capitalisation which reached Rs 481 lakh crore. The rally was driven by a pause in US-Iran strikes in West Asia that eased inflation concerns, with Brent crude dropping 5.5 percent to about $86.60 a barrel and long-term bond yields also declining. Analysts noted better-than-expected Q1 earnings, narrowing rainfall deficit, and upcoming central bank policy meetings of the Fed, BoE and BoJ as supportive factors, though F&O expiry on Tuesday could keep markets volatile.