Benchmark indices surged as Trump claimed India offered a zero-tariff trade deal, boosting hopes of improved Indo-US trade ties amid easing geopolitical tensions
The rally came after comments from President Trump that India had offered a zero-tariff trade deal to the United States
Why are markets rising today? | On the NSE, the Nifty index soared 450 points or 1.8 per cent to the day's high of 25,116
While the India business performance was broadly in line with brokerage estimates, the Jaguar Land Rover or JLR unit's operating show came in lower than expected
Indian indices post their strongest single-day gains since 2021 as a truce with Pakistan and easing US-China tensions fuel optimism and boost investor confidence
Trent and Bharat Electronics (BEL) are likely to be added, while IndusInd Bank and Nestle India may be dropped from the 30-stock index, said an analyst
With calm on edge, monsoon and Q4 will guide the mood
Only four of the 17 sectoral indices compiled by the NSE ended with gains. The major losers were Nifty Financials, Nifty FMCG, and Nifty IT
The rupee fell 1.03 per cent, bond yields rose 6 bps and equities declined as India retaliated to missile attacks by targeting Pakistani air defence systems
Markets closed higher on Wednesday as India-UK trade deal and strong FPI inflows helped offset concerns from rising India-Pakistan border tensions
Analysts believe that a selective and sector-specific approach will likely yield better results over the next few months
Domestic indices managed to eke out 0.8 per cent gain for the week. Most global markets rose on Friday as US-China trade tensions eased
Gain for 7th straight session buoyed by a rally in beaten-down IT stocks
IIFL Capital estimated that these measures could boost banks' net interest margin between 1 basis point and 18 basis points and add about 1-4 per cent to net profit
Advance/decline ratio for April 2025 currently at 1.59, a level last seen in May 2009
Why markets are rising today: The benchmark BSE Sensex jumped 879 points intraday to hit a high of 79,432.78 level, while the Nifty50 index gained 281 points to a high of 24,132.75
Sensex rose 2% on Thursday by renewed risk-on sentiment after trade talks progress
Rallying for a second straight session, the 30-share BSE Sensex jumped 1,577.63 points, or 2.1 per cent, to settle at 76,734.89
As an investment strategy, Morgan Stanley remains overweight on financials, consumer cyclicals, and industrials; and are underweight on energy, materials, utilities and healthcare.
Benchmark indices jumped nearly 2 per cent on Friday as investors rejoiced at the 90-day suspension of additional import duties by the US