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Why did Sensex shoot up on Tuesday despite bloodbath in US market?
short by Pragya Swastik / on Tuesday, 28 January, 2025
Sensex shot up by over 1,100 points intraday on Tuesday despite a sharp sell-off in US tech stocks triggered by China's DeepSeek AI model. Indian banking and financial stocks rallied as RBI announced measures to inject ₹1.5 trillion into the economy. After two sessions of losses, experts expected the market to rebound. Some experts also attributed gains to pre-Budget rally.
read more at Times Now