Sensex, Nifty 50 | Stock Market LIVE Updates: Indian equity benchmarks began the week on a positive note, tracking firm global markets and improving geopolitical sentiment. Early trade on Monday saw buying interest across sectors, as investors reacted to gains in US equities and optimism surrounding potential de-escalation in the Middle East.
The BSE Sensex advanced 1546 points to its day’s high of 77,210.85, while Nifty 50 rose 169 points to its intra-day high of 23,945.45. Broader markets outperformed benchmark indices with the midcap and smallcap indices advancing around 1% each.
All sectors were also trading in the green with gains led by metals, pharma, IT, auto, and FMCG indices. On Sensex, Sun Pharma and Adani Ports were the top gainers, while Axis Bank was the top laggard after Q4 results. Only 5 stocks were in the red in the index.
Global rally and easing geopolitical tensions lift sentiment
Market sentiment was supported by strong cues from overseas markets. Asian indices traded in the green, mirroring the positive momentum seen on Wall Street at the end of last week. Both the S&P 500 and the Nasdaq Composite had closed at record highs, boosting investor confidence globally.
The rally was further aided by developments on the geopolitical front. Reports suggested that Iran, through mediation efforts involving Pakistan, had presented a fresh proposal to the United States aimed at reopening the Strait of Hormuz and working toward ending ongoing hostilities. Discussions around nuclear negotiations are expected to be deferred to a later stage, indicating a phased approach to easing tensions.
This renewed diplomatic engagement comes after earlier planned talks in Pakistan failed to materialise, raising concerns last week. However, the latest signals of progress have helped calm markets, particularly around energy supply risks and inflation concerns tied to Middle East disruptions.
With global risk appetite improving and domestic markets taking cues from international trends, investors will now watch for further clarity on geopolitical developments and upcoming macroeconomic triggers through the week.
Stay tuned to this segment for the latest updates on Indian stock market today.
