Why did Sensex rally 1,950 pts from day’s low on Thursday; key reasons here

Renewed buying by FIIs, coupled with short-covering on hopes of likely trade deals with the US fueled today’s market rally, say analysts. The Sensex reclaimed 78,500-mark, and Nifty topped 23,850.   The Indian equity benchmark indices, the Bombay Stock Exchange (BSE) Sensex and the National Stock Exchange (NSE) Nifty 50 staged a strong rebound from…