Rs 29.57L cr added to investor wealth! Why Sensex, Nifty had best week in over 5 years

 As Diwali approaches, Indian stock exchanges celebrated a remarkable boost, seeing both Sensex and Nifty climb significantly. This positive shift was driven by a hefty influx from foreign institutional investors, who recorded their highest single-day purchases in the last six years. Additionally, lower crude oil rates and a strengthened rupee enhanced market confidence. As Diwali approaches, Indian stock exchanges celebrated a remarkable boost, seeing both Sensex and Nifty climb significantly. This positive shift was driven by a hefty influx from foreign institutional investors, who recorded their highest single-day purchases in the last six years. Additionally, lower crude oil rates and a strengthened rupee enhanced market confidence.