{"id":292831,"date":"2025-04-29T01:47:25","date_gmt":"2025-04-29T01:47:25","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/29\/sensex-gains-1k-points-iip-at-4-yr-low-times-of-india\/"},"modified":"2025-04-29T01:47:25","modified_gmt":"2025-04-29T01:47:25","slug":"sensex-gains-1k-points-iip-at-4-yr-low-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/29\/sensex-gains-1k-points-iip-at-4-yr-low-times-of-india\/","title":{"rendered":"Sensex gains 1k points; IIP at 4-yr low – Times of India"},"content":{"rendered":"
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RIL & FPIs lift sensex above 80k<\/span>
MUMBAI: A strong rally in RIL, along with banking stocks, lifted the sensex above the 80k mark again. Foreign funds continued to buy in the Indian market, supporting the rally. During the day’s session, the sensex and Nifty<\/a> also reversed a two-session sliding trend.
On Monday, the sensex opened marginally higher but rallied through the session to close 1,006 points (1.3%) up at 80,218 points. Nifty on the NSE also opened higher and closed 289 points up at 24,329 points.
The day’s rally added about Rs 4.5 lakh crore to investor wealth, with BSE’s market capitalisation at Rs 426.1 lakh crore. According to Satish Chandra Aluri of stock trading platform Lemonn, better-than-expected earnings from index heavyweight RIL lifted the benchmarks, while steady foreign inflows further supported sentiment. RIL’s stock price got a boost after strong performances by its telecom and retail businesses lifted investor confidence.Markets are also cautiously optimistic on global trade developments, with the US and China signalling a potential de-escalation.
The day’s rally was aided by strong buying by foreign funds that net infused Rs 2,474 crore into stocks. In the last eight sessions, foreign portfolio investors have net bought Indian stocks worth nearly Rs 35,000 crore, combined data from NSDL and BSE showed. The day’s net inflow also took the total FPI flow into the Indian market in April to positive territory. In contrast, in FY25, FPIs sold stocks worth nearly Rs 1.3 lakh crore, with the bulk of it coming in the last six months of the year.
RIL, ICICI Bank<\/a>, Axis Bank<\/a>, and SBI contributed the most to the day’s rally, BSE data showed. HCL Tech, UltraTech Cement, and HUL were the top laggards among the index constituents. Of the 30 sensex stocks, 23 closed with gains while seven closed in the red. In the broader market, 1,806 stocks closed higher compared to 1,144 stocks that closed lower.<\/div>\n