Sensex Rises 192.20 Points to 79,898.11, Nifty Up 41.60 Points to 24,409.10 Amid Hindenburg Report Fallout

Indian stock indices demonstrated resilience in the face of recent allegations from Hindenburg Research. The Sensex rose by 192.20 points, or 0.24%, closing at 79,898.11, while the Nifty increased by 41.60 points, or 0.17%, to settle at 24,409.10. Despite the negative sentiment surrounding Hindenburg's report, which targeted India's financial regulatory body, SEBI, the markets managed to recover from earlier lows. This performance reflects a growing confidence among investors, as both indices traded significantly above critical levels, with the Sensex even surpassing the 80,000 mark during the trading session. Approximately 1,640 shares were reported to have advanced, indicating a broad-based rally in the market.