India's benchmark indices, Sensex and Nifty, rose for the fifth consecutive day, boosted by a return of foreign institutional investors (FIIs) after two months of heavy selling. Sensex increased by 0.17% to 81,096 points, while Nifty gained 0.14% to 24,501 points, with both indices surging over 2.5% in the last five sessions.Sectorally, Nifty IT rose 0.8%, while Nifty Auto and FMCG gained 0.1%. Conversely, Nifty Pharma fell 0.5%, with Nifty Realty and Healthcare down 0.2% each. Global markets also strengthened following optimistic remarks from Federal Reserve Chair Jerome Powell about the US economy.
