Indian equity markets opened strong on Monday, buoyed by positive global cues and renewed optimism after the India–US trade deal joint statement. The rally was further supported by US President Donald Trump’s executive order revoking 25% penal tariffs, easing trade-related uncertainties.
The Nifty50 crossed the 25,800 marks in early trade, while the BSE Sensex surged over 500 points. At 9:18 AM, the Nifty50 was trading at 25,819, up 0.49%, and the Sensex stood at 83,994, gaining 0.50%.
Market experts believe improved clarity on the trade front has lifted investor sentiment, particularly benefiting exporters. Renewed buying by foreign institutional investors (FIIs) has also added resilience to the market, even as derivatives positions remain net short, raising hopes of short covering.
Asian markets mirrored the upbeat mood, tracking strong gains on Wall Street, where the Dow Jones crossed the 50,000 milestone. However, analysts caution that global uncertainties and earnings-related stock-specific movements could keep markets range-bound in the near term.
Indian Markets Rally on India–US Trade Deal Boost; Sensex Jumps Over 500 Points
