India markets rally on Power Grid capex and auto sales
after close1 source ↓written by the desknot a recommendation
- BSE Sensex rising
- 944 points
- 81,667
- capex forecast
- ₹32,000 cr
- ₹28,000 cr
- in January sales
- 47% YoY increase
The Indian markets closed significantly higher, with the BSE Sensex rising 944 points to 81,667. Key drivers included Power Grid Corporation's revised FY26 capex forecast of ₹32,000 cr, up from ₹28,000 cr, enhancing investor confidence. Additionally, Tata Motors reported a 47% YoY increase in January sales, reaching 71,066 units, bolstering the auto sector's performance.
Not investment advice. For informational purposes only.