Skip to main content
See every side of every news story
Published loading...Updated

Sensex Rises 628 Points as Nifty Ends 7-Day Slide

Fresh foreign fund inflows and easing global bond yields lifted Indian equities, with the Sensex rising 628 points and the Nifty ending a seven-day slide.

  • On Thursday, Indian benchmark indices rebounded sharply, with the BSE Sensex jumping 628 points to 77,537.72 and the NSE Nifty rising 153.55 points to 24,231.85, snapping a seven-day losing streak.
  • Easing global bond yields revived risk appetite as the U.S. Treasury announced plans to double long-dated debt buybacks, pulling the 10-year Treasury yield to 4.65 per cent and encouraging fresh foreign fund inflows.
  • Financial and IT stocks led the recovery; among BSE Sensex gainers were Eternal, Kotak Mahindra Bank, ITC, Bajaj Finance, and Axis Bank, while Tata Steel, InterGlobe Aviation, HCL Tech, and Titan lagged.
  • Vinod Nair, Head of Research at Geojit Investments Ltd, noted the recovery was widespread, though he cautioned that "stubbornly high crude oil prices" driven by unresolved US-Iran tensions threaten profitability.
  • Hariselvan Radhakrishnan, Founder and CEO of HST Wealth, a SEBI-registered Research Analyst, called the rebound "a decisive shift" from the cautious tone that had dominated the market's longest losing streak in nearly 11 months.
Insights by Ground AI

12 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 87% of the sources lean Right
87% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Moneycontrol broke the news in Mumbai, India on Thursday, August 20, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal