Stock Market & Rupee Surge: Key Highlights
✅ Rupee’s Best Weekly Performance in 2+ Years
- The Indian rupee gained 103 paise, closing at 85.97 per USD on March 21 (vs. 87 on March 13).
- The rally was fueled by a falling dollar index and improved investor sentiment.
✅ Stock Market Posts Best Weekly Gain in 4+ Years
- Both Sensex & Nifty jumped over 4%, erasing last week’s losses.
- Gains driven by domestic buying, reduced foreign selling, and rupee appreciation.
✅ Weekly Performance of Indices
- Sensex: 📈 +3,076.6 pts (+4.16%) → 76,905.51
- Nifty50: 📈 +953.2 pts (+4.25%) → 23,350.40
✅ Small-Cap Stocks Shine
- BSE Small-cap Index surged nearly 8%, with top performers rising 25-50%.
- Biggest gainers: SML Isuzu, IKIO Lighting, Uttam Sugar Mills, Balu Forge, Garden Reach Shipbuilders & more!
🔥 Market momentum is strong—will the rally continue? Stay tuned!
