Stock Market Boom: Sensex Jumps 1,100 Points, Nifty Nears 25,000 After Global & Domestic Boost
New Delhi (The Uttam Hindu): The Indian stock market witnessed a massive rally on Monday, fueled by strong global and domestic cues. A positive outcome of the meeting between U.S. President Donald Trump and Russian President Vladimir Putin, along with Prime Minister Narendra Modi’s decisions on GST reforms, sparked heavy buying across sectors.
The BSE Sensex surged over 1,100 points in early trade, crossing 81,500 levels, while the NSE Nifty 50 jumped nearly 320 points to touch 24,950. Within the first 10 minutes of trade, investors’ wealth soared by ₹5.56 lakh crore.
The rally brought fresh enthusiasm among investors after weeks of volatility due to global tensions. By 9:25 AM, the Sensex was up 940 points at 81,538.76, while the Nifty also continued its sharp climb.
Auto stocks led the rally, with Maruti shares jumping nearly 8%, while Bajaj Finance and other blue-chip companies also saw heavy buying. Experts believe the combination of global market stability and government policy support has given a strong boost to investor confidence.
On the previous trading session (Thursday), markets had closed with marginal gains as Sensex settled at 80,597.66 (+57.75 points) and Nifty at 24,631.30 (+11.95 points). Today’s sharp rally marks one of the strongest starts of the week in recent times.