For an impressive fourth consecutive session, Indian stock markets have defied global volatility and surged to new heights. This remarkable resilience is fueled by a confluence of positive factors, both domestic and international.
Market Performance: The Sensex closed at 84,058 points, a gain of 303 points, while the Nifty climbed 89 points to finish at 25,637 points. This impressive performance comes despite ongoing global uncertainty surrounding US tariffs.
Sectoral Highlights:
Expert Opinion: Vinod Nair, Head of Research at Geojit Investments Limited, attributes the market's strength to "key catalysts like the Middle East ceasefire and optimism over easing trade tensions." He highlights the positive impact of Foreign Institutional Investors (FIIs) turning net buyers, along with benign oil prices, a strengthening Indian Rupee (INR), and the anticipation of stronger corporate earnings.
The Bottom Line: India's stock market continues to perform exceptionally well, demonstrating impressive resilience in the face of global economic headwinds. Comfortable inflation rates and a positive outlook further solidify the optimistic market sentiment.