Synopsis : Indian equities surged at the start of the week as the landmark India–US trade deal and strong global tech cues lifted investor confidence. Banking and export-oriented stocks led the rally, pushing benchmarks sharply higher.
Indian stock markets began Monday’s session on a powerful note, extending last week’s momentum as optimism around the newly signed India–US trade deal and a rally in global technology stocks boosted risk appetite. The upbeat opening saw benchmark indices surge, reflecting renewed confidence among domestic and foreign investors.
The Sensex opened above the 84,100 mark, gaining around 0.76%, while the Nifty 50 climbed past 25,800, rising about 0.71% in early trade. Banking heavyweight SBI jumped nearly 6%, emerging as one of the biggest gainers, as investors chased large-cap financials amid expectations of stronger credit growth and improving asset quality.
A key catalyst for the rally is the interim India–US trade agreement, signed over the weekend. The framework offers Indian exporters a competitive advantage, with an 18% tariff rate—lower than that faced by many rival economies. Market participants believe this could enhance India’s export prospects, strengthen corporate earnings visibility, and support sustained capital inflows.
Positive cues from Asian markets further lifted sentiment. Japan’s stock indices touched record highs following a decisive political victory, while South Korea and Hong Kong futures traded higher, signalling broad-based optimism across the region. The global tech rally also spilled over into Indian IT stocks, adding to the bullish tone.
With multiple tailwinds—from global markets, trade diplomacy, and sectoral strength—analysts expect near-term sentiment to remain constructive. However, they caution that volatility may persist as investors assess valuations and track further developments on global growth and geopolitics.
Disclaimer : This article is for informational purposes only and does not constitute investment advice. Investors should consult a qualified financial advisor before making any investment decisions.
.jpg)
