Sensex jumps 448 points on fresh fund inflows

Market Performance - Equity benchmark indices Sensex and Nifty experienced a surge after four days of decline, driven by a rally in global markets and lower-than-expected US consumer price inflation data for November, which reinforced expectations of further interest rate cuts by the Federal Reserve [1][6] - The 30-share BSE Sensex increased by 447.55 points, or 0.53 percent, closing at 84,929.36, with an intraday high of 85,067.50, up 585.69 points, or 0.69 percent [3] - The 50-share NSE Nifty rose by 150.85 points, or 0.58 percent, to settle at 25,966.40 [4] Sector Performance - Among the 30 Sensex firms, notable gainers included Bharat Electronics, Power Grid, Tata Motors Passenger Vehicles, Asian Paints, Reliance Industries, and Bajaj Finserv [4] - Conversely, HCL Tech, Kotak Mahindra Bank, ICICI Bank, and Sun Pharma were identified as laggards [4] Foreign and Domestic Investment - Fresh foreign fund inflows contributed to the upward movement in equity markets, with Foreign Institutional Investors (FIIs) purchasing equities worth Rs 595.78 crore on Thursday [7] - Domestic Institutional Investors (DIIs) also engaged in buying, acquiring stocks worth Rs 2,700.36 crore in the previous trade [8] Global Market Influence - Global equity markets, including those in Europe and the US, were trading higher, with the US markets closing positively on Thursday, reflecting steady investor sentiment supported by favorable global cues [6] - A recovery in the Indian rupee against the US dollar further bolstered confidence, leading to broad-based buying during the session [7] Commodity Prices - Brent crude, the global oil benchmark, saw a slight decline of 0.40 percent, settling at $59.58 per barrel [8]