India’s equity market recovered significantly following a tumultuous post-election plunge, with the Sensex and Nifty surging over 2% each. Political stability post-election and the RBI maintaining repo rates contributed to the rally. The Sensex hit a record high, closing at 76,693.36, while the Nifty closed at 23,290.15. Market capitalization rose by Rs 7.5 lakh crore. Despite a 6% loss earlier, the Sensex gained 3.8%, marking the best week of 2024. The Tuesday fall was the steepest in four years, with the Sensex dropping 5.74%. However, the market swiftly recovered, reflecting investor confidence in the economy’s resilience.