Sensex gains 4,000 points in October: Hold or book profits?

Sensex gains 4,000 points in October: Hold or book profits?

The Indian stock market has witnessed a remarkable recovery this October, with the Sensex gaining over 4,000 points.

The surge is largely attributed to foreign institutional investors (FIIs) reversing their previous selling trend and investing more than ₹7,300 crore into Indian equities.

This has brought the benchmark index within striking distance of its all-time high of 85,978.

Meanwhile, Nifty is just about 410 points away from its record high.