Indian Stock Market Surges as Growth Forecasts and Crude Oil Prices Boost Sentiment
The Indian stock market rebounded on Wednesday, with the Sensex climbing 299.17 points to settle at 74,828.25.
The Nifty also rose by 117.80 points to end at 23,446.80.
The gains were driven by positive growth forecasts from rating agencies S&P, Fitch, Asian Development Bank (ADB), and OECD, which raised India's FY27 GDP growth projection to around 7 per cent.