Synopsis : Indian markets opened the week on a positive note as the Sensex gained over 150 points and Nifty Bank soared to a record high. Strong Q2 earnings expectations and broad-based sectoral support kept investor sentiment upbeat despite uncertainty over a potential U.S.-India trade deal.
Sensex Rises Over 150 Points; Nifty Bank Hits Record High in Broad-Based Monday Rally
Indian equities began the week on a steady upward trajectory, with the Sensex rising over 150 points and the Nifty holding firmly above the 25,950 mark. Improved expectations for second-quarter earnings boosted market confidence, even as global cues and U.S.-India trade uncertainties kept traders slightly cautious.
Broader Market Mood Remains Upbeat
Investors continued to show optimism as India Inc. heads into the next leg of earnings season. Market sentiment stayed constructive with steady buying interest across financials, consumer stocks, and autos. Public sector banks, in particular, drew strong attention, helping propel the Nifty Bank index to a fresh all-time high.
Autos, energy, media, and consumer-centric companies showcased healthy momentum. However, selective profit-booking kept the IT and metals sectors muted, reflecting a balanced but cautiously positive stance among traders.
Sectoral Highlights
PSU Banks & Financials : Strongest performance of the day; major boost to Nifty Bank.
Autos & Energy : Continued investor interest backed by robust demand outlook.
Media & Consumer Stocks : Healthy accumulation seen across segments.
IT & Metals : Slight lag due to mild profit-taking after recent gains.
Despite the mixed performance, rate-sensitive and cyclical sectors maintained market strength, supporting a broadly positive tone.
Global Markets: Mixed Signals
Global sentiment remained mixed during Asian hours, providing limited directional cues for Indian equities.
Global Market Snapshot:
S&P 500 futures: +0.4%
Nikkei 225 futures: −0.2%
Japan’s Topix: −0.5%
Australia’s ASX 200: −0.2%
Hong Kong’s Hang Seng: −0.9%
Shanghai Composite: −0.4%
Euro Stoxx 50 futures: −0.2%
The weakness in major Asian indices suggested cautious global investors, though resilience in U.S. futures provided some cushion for domestic markets.
Overall Market Outlook
With Q2 earnings set to flow in more actively, the Indian markets appear poised for steady movement supported by strong domestic fundamentals. While the U.S.-India trade negotiations remain a factor to watch, the current momentum signals healthy investor appetite across key sectors.
Disclaimer : This article is for information purposes only and should not be considered financial or investment advice. Readers are encouraged to conduct their own research or consult a financial advisor before making investment decisions.
