Nifty 50 Surges Past 25,000 in Intraday Trade, Marking a Seven-Month High

India's benchmark Nifty 50 index crossed the 25,000 mark in intraday trading, reaching a level not seen in the past seven months. The surge reflects renewed investor confidence and positive market momentum, driven by strong corporate earnings and favorable economic indicators.  

 

Market movement summary:  

- The index surpassed the 25,000 threshold, signaling bullish sentiment among traders.  

- The rally was supported by gains in banking, IT, and auto stocks, contributing to overall market strength.  

- Analysts attribute the rise to stable macroeconomic conditions and robust corporate performance.  

- Investors are closely watching global cues and domestic policy developments for further market direction.  

 

The milestone underscores the resilience of India's equity markets, with traders anticipating continued momentum in the near term.  

 

Sources: Economic Times, Business Standard, Investing.com India.