Sensex gains 560 points, Nifty above 23,800. 5 Key factors behind today’s Dalal Street rally

May 21, 2026

Indian stock markets surged in early trading, with Sensex and Nifty extending gains for a second day. A stronger rupee, falling bond yields, and positive investor sentiment fueled the rally. Broader markets and most sectoral indices also saw significant upticks, indicating a ‘buy on dips’ trend.

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ITC’s tobacco business is going cheap but Kotak Institutional Equities thinks market has it wrong

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