Jewellery and real estate stocks experienced a sharp decline after Prime Minister Modi urged financial restraint, advising citizens to postpone gold purchases and reduce discretionary travel. The comments, aimed at curbing fuel consumption amid geopolitical uncertainty and high energy costs, triggered an immediate market reaction in sectors tied to household spending.
Why did market rise today? Sensex soars 890 pts, Nifty closes above 24,250; 4 factors behind Rs 4 lakh cr gains on D-Street
Indian stock markets experienced a significant surge on Wednesday. Benchmark indices Sensex and Nifty both rose over one percent. This occurred despite a sharp increase
July 29, 2026