Sensex Crosses 84,000 as Markets Rebound on FII Inflows and Lower Crude

Equity benchmarks rebounded sharply on October 17, with Sensex rising 705 points(high price for the day) to cross 84,000 and Nifty touching 25,750. Gains were driven by sustained FII inflows, lower crude oil prices, a stronger rupee, and buying in heavyweights like

Reliance and Asian Paints. Bank Nifty also hit a new record high.