Closing Bell: Sensex Gains 700 Points, Nifty Surpasses 25,200 as Markets End Strong
Indian stock markets closed on a strong note on Tuesday, with benchmark indices rallying sharply. The BSE Sensex surged over 700 points, while the NSE Nifty 50 closed above the 25,200 mark, led by broad-based buying across sectors. Key stocks like Infosys and Mahindra & Mahindra (M&M) were among the top gainers, each rising nearly 2%.
Sectoral Rally Boosts Sentiment
All 13 major sectoral indices ended in the green, signaling widespread optimism in the market. Smallcap stocks climbed 0.6%, and midcaps gained 0.4%, reflecting strong participation from broader markets. The upbeat momentum was fueled by easing geopolitical tensions and encouraging cues from global equities.
Global Markets: Ceasefire Hopes Drive Rally
International markets continued their positive run, buoyed by renewed optimism over the Israel-Iran ceasefire. The MSCI World Index hit a record high, while Asian and emerging markets touched their strongest levels since early 2022.
Futures trading also reflected the stable global sentiment:
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S&P 500 futures remained flat as of 2:48 p.m. Tokyo time
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Nikkei 225 futures rose 0.3%
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Euro Stoxx 50 futures also advanced 0.3%
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Japan’s Topix index was mostly unchanged
Intraday Volatility and Ceasefire Breach
Earlier in the session, both Sensex and Nifty had inched close to their nine-month intraday highs. However, gains were trimmed briefly due to profit booking, following reports suggesting a possible breach in the initial ceasefire agreement. Despite this, markets quickly rebounded, supported by strong buying across sectors.
Stock Highlights: Key Movers Today
Several individual stocks made headlines during the day:
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IndiaMart InterMesh shares jumped 6% after analysts set a new target price of ₹3,800
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MCX surged 5%, hitting an all-time high, following UBS raising its price target to ₹10,000
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Influx Healthtech had a strong debut on the NSE SME platform, listing at a 38% premium over its IPO price
Outlook
The strong closing suggests that investors are regaining confidence amid easing global tensions and steady domestic fundamentals. With broader participation across large-, mid-, and small-cap segments, the markets appear well-positioned for a continued upward trend provided global uncertainties remain in check.