Market Performance;
The Indian stock market advanced on Tuesday, notching up gains for the fourth consecutive session.
- Sensex surged over 400 points during trade.
- Nifty 50 crossed the key 25,000 mark in intraday movement.
The positive sentiment was largely supported by easing geopolitical tensions and strong domestic cues.
Main News
Global markets registered gains as hopes of diplomatic progress in the Russia-Ukraine conflict lifted investor confidence. Recent meetings between US President Donald Trump, Ukrainian President Volodymyr Zelensky, European leaders, and earlier discussions with Russian President Vladimir Putin added to the optimism.
Back home, the market drew further strength from Prime Minister Narendra Modi’s announcement of a significant reform in the Goods and Services Tax structure. The move is expected to enhance efficiency in the taxation system and simplify compliance for businesses.
Company & Economic Details
The announcement on GST reforms is seen as a major policy development that could boost domestic economic activity. A more streamlined tax regime is likely to improve household consumption and provide momentum to various sectors.
Key factors that supported the rally include:
- Positive global market trends.
- Progress in diplomatic talks on geopolitical issues.
- Domestic policy reforms in GST.
Summary
The Indian stock market saw a robust rally with Sensex climbing 400 points and Nifty 50 testing 25,000, supported by global optimism and domestic policy changes. Improved sentiment around geopolitical developments and GST reforms helped extend gains for the fourth consecutive session.
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