Archive · 27 Jun 2025
Indian Market Climbs for Fourth Day Amidst Gains in Oil, Banks
The Indian stock market, represented by the Sensex and Nifty, continued to rise for the fourth day in a row.
This was because of investments from foreign companies, the Indian rupee getting stronger, and cheaper oil.
Also, a company called JSW Paints bought a big part of Akzo Nobel India.
The Reserve Bank of India (RBI) wants banks to make loans cheaper.
Indian stock market indices Sensex and Nifty rose for the fourth consecutive session.
Sensex closed at 84,058.90, up 303.03 points (0.36%).
Foreign fund inflows, a stronger rupee, and lower crude oil prices boosted investor confidence.
JSW Paints acquired a majority stake in Akzo Nobel India for Rs 12,915 crore.
The RBI suggested banks lower lending rates to transmit policy rate cuts.
- Who
- Investors, companies, and the RBI.
- What
- The Indian stock market, including Sensex and Nifty, increased.
- When
- Friday
- Where
- Indian stock market
- Why
- Due to foreign fund inflows, stronger rupee, lower crude oil prices, and acquisitions.
- Sensex closing value
- 84,058.90
- Sensex daily gain
- 303.03 points (0.36%)
- Nifty daily gain
- 88.80 points (0.35%)
- Akzo Nobel India acquisition value
- Rs 12,915 crore
- Brent Crude Price
- $68.20 a barrel
Sources
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