The Economic Times

Sensex, Nifty extend gains despite oil hovering near $115/barrel. What lies ahead?

The Indian stock market nudged upward on Tuesday, with Sensex and Nifty making modest gains despite lingering challenges. Investors remained cautious due to high oil prices, which are currently at $115 per barrel. However, a notable surge in smallcap stocks is enhancing investor confidence. Analysts attribute this positive momentum to better corporate fundamentals and increased domestic fund inflows.