Sensex, Nifty Stage Sharp Recovery: Key Factors Behind Today's Market Surge

• Indian equity market saw a strong recovery on January 29, with Sensex surging 905 points from its day's low and Nifty rising above 25,400.
• Metal stocks led the rally, with the BSE Metal index gaining nearly 2.47% to a record high, supported by global copper price surges.
• Expiry-led volatility on January 29 saw sharp swings, but benchmark indices recovered strongly, with Nifty, Sensex, and Bank Nifty gaining over 1%.
• Foreign Institutional Investors (FIIs) turned net buyers after 15 sessions, purchasing shares worth Rs 480 crore, while Domestic Institutional Investors (DIIs) invested Rs 3,360 crore.
• Positive sentiment from the Economic Survey 2025-26, projecting strong GDP growth and highlighting improved fiscal metrics, also supported the market.

Why It Matters: Indian markets recovered sharply on January 29, driven by metal stocks, FII buying, and positive economic outlook.