Market Update

The Indian stock market witnessed a robust recovery during the week, ending their recent losing streak as softer crude oil prices, easing geopolitical tensions, upbeat Q1 FY27 earnings, and a return of foreign institutional investor (FII) inflows boosted investor sentiment. The decline in crude oil prices from recent peaks eased concerns over imported inflation, corporate profitability, and India's external account. Supported by these factors, the benchmark indices rebounded sharply, recovering much of the losses recorded in the previous week. The Nifty climbed 2.59% to end at 24,383.60, while the Sensex rose 2.68% to settle at 78,094.64, with both indices registering their second straight monthly gain in July.