Market Performance
The Indian stock market witnessed a strong rally on Thursday, with benchmark indices Sensex and Nifty posting sharp gains after a volatile start. The Sensex surged by 1,200.18 points or 1.48%, closing at 82,530.74, while the Nifty climbed 395.20 points or 1.60% to end at 25,062.10.
- Nifty crossed the 25,000 level for the first time in over 7 months
- The Sensex touched an intraday high of 82,718, rising over 1,388 points
- BSE Midcap Index rose 0.67%
- BSE Smallcap Index climbed 0.94%
All sectoral indices closed in the green. Top performers included realty, oil & gas, metals, IT, auto, banks, and media, each gaining between 1-2%.
Main News: What Drove the Surge in Sensex and Nifty?
The Sensex and Nifty news today reflects a broad-based rally, backed by multiple supportive factors that lifted investor sentiment.
Key Drivers Behind the Rally:
- Value Buying in Heavyweights
Select large-cap stocks rebounded strongly after recent corrections, boosting the indices.
- US-India Trade Optimism
Reports of a potential zero-tariff trade deal between the US and India added to the market momentum.
- Stable Q4 Corporate Earnings
Consistently decent Q4FY25 earnings from major companies supported the rally.
- Macro-Economic Positivity
India's retail inflation fell to 3.16% in April, a six-year low, triggering hopes of possible rate cuts.
Company Details: Top Gainers and Movers
Several stocks were in focus during the session:
- Hero MotoCorp, JSW Steel, Trent, Tata Motors, and HCL Technologies were the biggest Nifty gainers.
- In the Sensex, companies like Tata Motors, HCL Tech, Adani Ports, and Asian Paints rose between 2-4%.
- Heavyweights like Reliance Industries, ICICI Bank, HDFC Bank, and Bharti Airtel were major contributors to the Sensex's gains.
Notably, over 80 BSE stocks hit their 52-week highs, including:
- Anupam Rasayan
- Godfrey Phillips
- Shree Cements
- ICICI Bank
- APL Apollo
- Solar Industries
- Max Financial
- JK Cement
Market Capitalisation Surge
- Total market capitalisation of BSE-listed firms rose from ₹435 lakh crore to ₹440 lakh crore
- Investors gained ₹5 lakh crore in a single session
Summary
The latest Sensex and Nifty news highlights a robust rebound in Indian markets. With Nifty reclaiming the 25,000 milestone and Sensex crossing 82,500, investor optimism is evident.
Strong corporate earnings, macro stability, and global cues have set a positive tone. As mid- and small-cap indices also participate in the uptrend, the market breadth remains healthy. This rally, driven by fundamental strength and improved sentiment, marks a significant turning point for Indian equities.
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