India’s Nifty 50 index rose 0.95% to 26,129.85, gaining 245 points on strong sectoral performance in banking, IT, and energy. Investor optimism was fueled by easing inflation and robust liquidity. Analysts see continued momentum if earnings remain strong, underscoring India’s resilience amid global market volatility.
India’s benchmark Nifty 50 index inches higher today, rising 0.95% to 26,129.85, as investor optimism lifted equities across sectors. The rally was supported by gains in banking, IT, and energy stocks, reflecting renewed confidence in India’s economic resilience amid global uncertainties.
Key Highlights
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Index Performance: Nifty 50 advanced by 245.05 points, currently at 26,129.85, compared to the previous close of 25,884.80.
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Sectoral Gains: Banking and IT stocks led the rally, while energy counters also contributed to the upside.
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Investor Sentiment: Analysts attribute the rise to strong domestic liquidity, easing inflationary concerns, and expectations of policy support.
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Global Context: European markets traded mixed, while U.S. futures pointed to a cautious open, highlighting India’s relative strength in the global equity landscape.
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Outlook: Market experts suggest that Nifty’s momentum could continue if corporate earnings remain robust and macroeconomic indicators sustain their positive trajectory.
The upward move reinforces India’s position as a bright spot for investors, with domestic fundamentals driving resilience despite global headwinds.
Sources: Reuters, Bloomberg, Moneycontrol, NSE Data