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The Economic Times
The Economic Times
Debaroti Adhikary

Ahead of Market: 10 things that will decide stock market action on Thursday

NSE Nifty Stock Market India KPR Mill Pine Labs IRFC United States

The Indian stock market surged on Wednesday, with the Sensex and Nifty gaining up to 1%, driven by improved investor sentiment after RBI Governor Sanjay Malhotra signalled that talks around further rate hikes may be premature, alongside a rebound in South Korean equities and other supportive global cues.

Sensex jumped nearly 800 points to close at 76,991, while Nifty 50 gained around 198 points to end the session at 24,022. This comes as India VIX, which measures volatility in the market, dropped over 4% to 13.34. The sharp gains added around Rs 1.3 lakh crore to the total market capitalisation of all companies listed on BSE, pulling it up to Rs 476 lakh crore.

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