Sensex Rallies 300 Points, Nifty Above 26,200: Global Cues, Rupee Strength Fuel Surge

• Domestic stock markets saw a strong recovery, with Sensex closing at 85,640.64 and Nifty at 26,217.85, recovering significantly from day's lows.
• Positive global indicators, including strong Asian and US markets, provided a boost to domestic indices.
• The rupee strengthened by 12 paise against the US dollar to 89.51, supported by RBI's ₹3 lakh crore liquidity infusion and a weakening dollar.
• Value buying emerged in select stocks like Shriram Finance and Bajaj Finance, driven by optimistic brokerage outlooks for 2026 and strong macro indicators.
• Technical analysis indicates Nifty's strong support at 26,100, with 26,300–26,100 being a crucial range for further movement.

Why It Matters: Indian markets surged on global cues, rupee strength, and value buying, signaling an upward trend.