Synopsis : Indian equity markets surged sharply as optimism around the landmark India–EU trade agreement boosted investor confidence. Banking heavyweights led the rally, pushing benchmark indices closer to fresh record territory.
Indian stock markets kicked off Wednesday’s session with a powerful rally, extending the momentum from the previous trading day after the signing of the historic India–European Union trade agreement. The deal rekindled risk appetite across Dalal Street, triggering broad-based buying and lifting benchmarks deep into positive territory.
The Sensex surged over 500 points, while the Nifty 50 climbed above the 25,300 mark, reflecting strong investor confidence. Banking stocks were at the forefront of the rally, with Axis Bank and the Bajaj twins (Bajaj Finance and Bajaj Finserv) gaining up to 4%, driven by expectations of stronger credit growth and improved cross-border business opportunities following the trade pact.
The upbeat sentiment builds on Tuesday’s strong close, when markets ended the holiday-shortened week on a firm footing. The Sensex had added 320 points (0.39%) to close at 81,857, while the Nifty gained 126 points (0.51%) to finish at 25,175. Although market breadth remained mixed, investor enthusiasm was evident across key sectors, especially financials, capital goods and export-oriented counters.
Global cues were mildly supportive. S&P 500 futures edged higher, while Asian markets showed mixed trends with gains in Hong Kong and China, and mild pressure in Japanese indices. Despite some caution overseas, domestic optimism around policy stability, trade expansion and earnings visibility kept Indian markets firmly in the green.
Market participants believe the India–EU trade agreement could unlock long-term growth opportunities across manufacturing, technology, pharmaceuticals and financial services, improving export prospects and strengthening supply chains. With liquidity remaining healthy and sentiment constructive, traders are expected to remain selectively bullish in the near term.
Disclaimer : This article is for informational purposes only and does not constitute financial or investment advice. Stock market investments are subject to market risks. Readers should consult a certified financial advisor before making any investment decisions.
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