Brief by Shorts91 Newsdesk / 07:28am on 24 Mar 2025,Monday Business
Indian stock markets surged on Monday as the Sensex jumped 1,003 points to 77,908.57 and the Nifty50 gained 286.95 points to 23,637.35. The rally was fueled by a strong return of foreign institutional investors (FIIs), who had pulled out ₹2.4 lakh crore since September. On Friday alone, FIIs invested ₹7,470 crore—the highest single-day inflow in four months. Analysts cite improving domestic economic indicators and fair valuations as key factors. “FIIs shifting from sellers to buyers has triggered massive short covering,” said VK Vijayakumar of Geojit Investment Services. (PC: India Today)
