Closing Bell: Sensex Jumps Over 360 Points, Nifty Crosses 24,897 Mark

Dr VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, noted, “The flow of positive and negative news continues. The latest CMIE report of a sharp 97% surge in private investment in Q1 FY27 over Q1 26 is an indication of a sharp turnaround in capex. After a long time, private capex is improving and this bodes well for economic growth, going forward. However, there are negative news, too. The biggest negative is the rising bond yields, globally. The U.S. 10-year yield continues to hover around 4.8 percent. In Japan the 10-year yield is at a 30-year high of 3%. In the UK, the 30-year yield is at 6%. In India, too, the 10-year yield is close to 7%.”