Top Searches
Advertisement

Sensex Surges Past 81K, Nifty Nears 24,600: Key Drivers Behind Today's Market Rally

Updated: May 02, 2025 11:00

Image Source: MoneyControl
The Indian stock market witnessed a strong rally today, with the Sensex crossing 81,000 and the Nifty nearing 24,600, marking a significant uptrend. Investors gained over ₹3 lakh crore, driven by multiple factors, including strong corporate earnings, foreign investor inflows, and easing global trade tensions. Here's a detailed breakdown:
 
Market Performance:
  • The BSE Sensex jumped 900 points, hitting an intraday high of 81,159.
  • The Nifty 50 surged over 250 points, reclaiming the 24,550 mark.
  • Midcap and smallcap indices also gained up to 1%, reflecting broad-based buying.
Foreign Investor Activity:
  • Foreign Portfolio Investors (FPIs) have been aggressively buying Indian equities, reversing their earlier selling trend.
  • A weakening US dollar and India’s strong economic outlook have made Indian markets attractive.
Corporate Earnings Boost:
  • Reliance Industries reported a 6% YoY rise in Q4 profits, driving its stock up by 3%.
  • Banking giants like ICICI Bank, HDFC Bank, and Axis Bank posted strong earnings, lifting market benchmarks.
Easing Global Trade Tensions:
  • US-China trade negotiations have shown signs of progress, reducing investor anxiety.
  • Reports indicate that tariff reductions may be on the horizon, boosting global market sentiment.
India’s Diplomatic Response to Pahalgam Attack:
  • Despite tensions with Pakistan, India’s measured response has reassured investors, preventing panic selling.
  • The US has urged both nations to seek a responsible resolution, further stabilizing market sentiment.
Sectoral Gains:
  • Banking stocks led the rally, with IndusInd Bank rising 5.49%, followed by Tech Mahindra (3.98%) and Axis Bank (3.54%).
  • Oil & Gas, Metal, and IT sectors also posted strong gains.
Future Outlook
Analysts expect the bullish momentum to continue, with FPIs maintaining strong inflows.
Upcoming policy decisions and global trade developments will play a crucial role in sustaining the rally.
This surge highlights India’s resilience in global markets, with investors optimistic about economic growth and corporate performance.
 
Sources: MSN, Live Mint, Economic Times, Times Now

Advertisement

STORIES YOU MAY LIKE

Image Source: Enrich Money
Royal Enfield’s Visionary Rides Again: Siddhartha Lal Steers Eicher Motors’ Future, Govindarajan Powers Up as MD
Image Source: Equity Bulls
GOCL Unpins IDL: Apollo Defence to Take Charge in Landmark ₹1.07 Billion Transaction
Image Source: IPO Central
A B Infrabuild Unveils Rights Issue at Just ₹37.50-A Golden Ticket for Shareholders
Advertisement
Image Source: Gravita India
Gravita India’s Q4: Profits Surge, Revenues Rise, and Shareholders Rejoice with ₹6.35 Dividend
Image Source: The Economic Times
From Trading Floors to Training Doors: BSE Ltd Divests BSE Institute to AV Financial Experts Network
Image Source: Zee Business
Sanofi’s Q4: Profits Hold Steady as Revenue Tops ₹1.7 Billion-A Dose of Financial Strength
Image Source: YourStory.com
Dividends and Dynamo Growth: RR Kabel’s Q4 Results and Expansion Electrify Investors
Advertisement
Live Blogs
From MI to RR: Akash Madhwal Swings Back with a Vengeance
IPL’s Six-Hitting Hotspots: Wankhede Nears 2,000 as Chinnaswamy Tops the Charts
Batting Beyond Limits: Prabhsimran Singh’s Historic 1000-Run Triumph for PBKS
Excuses Out, Action In: Rayudu Tells Pant to Lead from the Front After LSG’s Latest Slip
Top Stories
Image Source: The Print
IIFL Finance Plots Bold Move: Board to Weigh Fresh Non-Convertible Securities Issue for FY 2025-26
Image Source: LinkedIn
IndiaMART Accelerates Digital Logistics, Buys Stake in Fleetx’s Fast Lane
Image Source: Equity Bulls
Safari Industries’ Safety Nets Pay Off-Halol Fire Insurance Claim Settled at ₹7.21 Lakh
Image Source: Equity Bulls
Aptech Ltd Bags ₹22.6 Million Order, Powering the Next Era of Digital Examinations
Advertisement
Advertisement

Follow WOWNEWS 24x7 on:

Copyright 2024 WOWNEWS 24x7. All rights reserved. The WOWNEWS 24x7 is not responsible for the content of external sites. Read about our approach to external linking.

Powered By Just Imagine