FPIs have driven Sensex above 80,000, capitalizing on 7.2% GDP growth projections and fiscal prudence. The brief pullout is seen as temporary. Large caps gain focus amid rising valuations. Policy continuity, budget reforms, ministry formation, and positive monsoon prospects improve earnings visibility, enhancing India’s appeal to FPIs for sustained investment.
Bitcoin hits new record high at $112,737.08
Bitcoin surged to a new all-time high, rising 1.77% to $112,737.08 on investor optimism and growing institutional interest.