Markets record biggest single-day rally in over four years
India’s stock markets soared on Monday, with the Sensex and Nifty 50 each climbing nearly 4%, buoyed by two major developments:
- A ceasefire agreement between India and Pakistan after the high-tension Operation Sindoor
- The announcement of a US-China trade deal reached in Geneva
Key Highlights:
- Sensex jumped 2,975 points (+3.74%) to 82,429.9
- Nifty 50 surged 916.7 points (+3.82%) to 24,924.7
- This marked the biggest single-day gain for both indices since February 1, 2021
- 48 of 50 Nifty stocks advanced; 12 of 13 sectors closed in the green
- Small- and mid-cap indices also gained about 3% each
- BSE market capitalization rose by ₹16.15 lakh crore to hit ₹432.56 lakh crore
Analyst Quote:
“Markets turned buoyant following the ceasefire, which eased fears of escalation between two nuclear-armed nations,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.
Why It Matters:
The rally reflects a return of investor confidence after weeks of uncertainty due to geopolitical tensions and global trade instability. The dual boost from peace on the border and thawing US-China relations has reignited risk appetite across sectors.
