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Sensex surges as easing oil prices and rate optimism lift sentiment
Indian markets climbed sharply as easing oil prices and expectations of future Fed rate cuts boosted sector-wide buying and strengthened overall investor sentiment.
Indian equity markets recorded substantial gains on November 26, with the Sensex advancing nearly 900 points and the Nifty moving closer to the 26,150 mark. Broad-based buying supported the uptrend, helped by lower crude prices and increased confidence that the US Federal Reserve may soon shift toward rate easing. Analysts noted strength across banking, IT, auto, and energy sectors, indicating improving risk appetite.