News

Sensex, Nifty close higher as banking stocks rally

Indian benchmark indices ended in the green today, led by strong buying in banking and IT stocks. The BSE Sensex gained while the NSE Nifty 50 also advanced, supported by positive global cues.

Market experts said the momentum could continue if foreign institutional investors keep up their buying. Investors are now watching upcoming quarterly earnings and the RBI policy meeting for further direction.

What to watch next

Keep an eye on Q2 earnings, crude oil prices and the rupee-dollar exchange rate over the coming week.