Sensex jumped 600 points and Nifty neared 22,900 on six key factors driving Rs 3 lakh crore gains.
Context
What happened: Sensex jumped more than 600 points above 73,860 and Nifty 50 gained 175 points to near 22,875, with broader markets also rising.
Key numbers: Sensex up 600+ points, Nifty up 175 points, Adani Ports up 4%+, Nifty FMCG up about 2%, FIIs net bought Rs 872 crore on Wednesday, NSE breadth 1,995 advances against 1,228 declines.
Why it matters: The article cites the Fed holding rates, rising hopes for an LTCG tax cut after Nirmala Sitharaman said discussions were ongoing, and FII buying. Jefferies said a potential LTCG cut could draw foreign investors back.
What changed
Sensex jumped more than 600 points above 73,860 and Nifty 50 gained 175 points to near 22,875, with broader markets also rising.
Why it matters
The article cites the Fed holding rates, rising hopes for an LTCG tax cut after Nirmala Sitharaman said discussions were ongoing, and FII buying. Jefferies said a potential LTCG cut could draw foreign investors back.
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Oct 29, 2026 12:25 PM ET