India Market Daily — 2026-08-28
Indian markets staged a strong recovery on Friday, August 28, with the Sensex gaining 331 points and the Nifty 50 closing above the 24,150 mark. The rally was primarily driven by a sharp rebound in IT stocks and broader market breadth, snapping a two-day losing streak. Despite the positive close, Foreign Institutional Investors (FIIs) remained net sellers, offloading ₹5,039.80 crore, while domestic institutions provided support. <!-- /headline --> **IT Stocks Power Sensex to 331-Point Rally Amid FII Selling** <!-- /headline -->
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