India’s Sensex Soars: Market Sentiment Fuels Stunning Reversal, Erasing 2023 Losses

India’s benchmark stock index has rebounded, erasing its decline for the year due to improved investor sentiment. This positive shift is attributed to:

1.Signs of increased government spending
2.Monetary easing measures
3.Global banks’ assessment that the market selloff since September has addressed valuation concerns
4.The Reserve Bank of India’s efforts to inject liquidity into the financial system

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