Sensex soars 3k points in 3 days to top 78k, erases year’s losses

Despite Wall Street's turmoil fueled by trade war anxieties and cautious Fed remarks, Indian stock markets witnessed a significant rally. Banking and financial stocks, along with Reliance Industries, spearheaded the surge, reversing an early decline. Positive monsoon forecasts and easing inflation ignited hopes for RBI rate cuts, attracting substantial foreign investment and boosting investor wealth.

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