The benchmark domestic equity indices today staged a sharp trend reversal, ending with gains of around one and a half per percent with the Nifty reclaiming the 25,000 mark for the first time since October 2024. The market sentiment remained upbeat amid heavy buying in index heavyweights and metal, auto, and realty counters, stable fourth-quarter earnings reports, and renewed optimism over a potential India-US trade pact. The 30-share index at the Bombay Stock Exchange, Sensex, surged 1,200 points, or 1.48 per percent to close at 82,531. The National Stock Exchange Nifty-50 jumped 395 points, or 1.6 per percent to settle at 25,062. The broader market indices at the BSE also ended higher. The Mid-Cap index gained over 0.6 per cent, and the Small-Cap index climbed over 0.9 per cent.
Site Admin | May 15, 2025 5:17 PM
Sensex Jumps 1,200 Points, Nifty Reclaims 25,000 on Strong Buying and Trade Optimism
