Stock Market Today: Nifty50 Surges Past 24,700, Sensex Jumps Over 2,200 Points Amid India-Pakistan Ceasefire, Global Optimism
Nifty50 crosses 24,700 and Sensex jumps over 2,200 points as India-Pakistan ceasefire and US-China trade deal progress boost investor sentiment and market momentum.
Stock Markets
The Indian stock market opened on a robust note today, with benchmark indices Nifty50 and BSE Sensex rallying over 2% in early trade. The sharp rise was fuelled by the announcement of a ceasefire between India and Pakistan, coupled with positive developments in the US-China trade talks, improving investor sentiment both domestically and globally.
At 10:05 AM, the Nifty50 was trading at 24,700.10, up 692 points or 2.88%, while the Sensex climbed to 81,692.50, gaining 2,238 points or 2.82%.
This positive momentum comes after Indian markets closed lower last week amid rising cross-border tensions. With geopolitical concerns easing, market analysts foresee a bullish outlook for the coming days.
Expert Insight
VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, stated:
> “The ceasefire between India and Pakistan has paved the way for a sharp rally in the markets. The return of foreign institutional investor (FII) buying is expected to be the main driving force.”
He added that strong domestic macroeconomic indicators—such as anticipated high GDP growth, earnings revival in FY26, and declining inflation and interest rates—are likely to sustain the momentum.
Large-cap stocks like ICICI Bank, HDFC Bank, Bajaj Finance, RIL, L&T, Bharti Airtel, Ultratech, M&M, and Eicher Motors are expected to lead the rally. Additionally, midcap IT and digital stocks remain segments to watch. However, pharma stocks may face short-term pressure following US President Trump’s statement on drug price reductions.
Global Cues Support Risk-On Sentiment
Asian equities and US futures also rose on Monday, buoyed by news of “substantial progress” in US-China trade negotiations. The optimistic tone led to:
A stronger US dollar
Lower gold prices, as safe-haven demand declined
Higher oil prices, supported by an improved outlook for major oil-consuming economies
Despite strong global cues, foreign portfolio investors (FPIs) were net sellers on Friday, offloading ₹3,798 crore worth of equities. In contrast, domestic institutional investors (DIIs) showed confidence with net purchases of ₹7,278 crore.
As the week unfolds, markets will closely monitor updates on the US-China trade deal and any further geopolitical developments.
