InvestorQ : Why has the Sensex rallied by nearly 800 points on Tuesday? What is the positive news?
Mahima Roy made post

Why has the Sensex rallied by nearly 800 points on Tuesday? What is the positive news?

Answer
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Aditi Sharma answered.
7 months ago


There are a number of reasons for this rally. The global markets are recovering and the budget overhang is also sort of gone now. In addition, crude oil prices fell to 13-month low and that favours India. Manufacturing PMI at 55.3 (8-year high) has also helped sentiments.