The National Stock Exchange of India witnessed a significant surge as the Nifty index surpassed the 22,500 mark, accompanied by a robust rally in the Sensex, which soared by 600 points. This upward momentum was primarily attributed to the strong performance of the metals and oil & gas sectors in the market.

On this trading day, the Indian stock market experienced positive closure with the Nifty 50 marking a gain of 207 points, closing at 22,544.70, while the Sensex surged by 610 points to settle at 74,340. The Bank Nifty also ended on a positive note, rising by 138 points to reach 48,628. Additionally, midcap stocks followed the overall trend, with the Nifty Midcap 100 index climbing by 180 points to 49,348.

Meanwhile, global market dynamics played a role in shaping investor sentiment. US President Donald Trump’s announcement of reciprocal tariffs on Indian goods, particularly in the auto sector, stirred market concerns. The bond market selloff in Asia, triggered by rising bond yields in Japan and the US, added to the market volatility. However, the delay in US tariffs on Mexico and Canada provided some relief to Asian equities.

In the US, major stock indices closed higher, with the Nasdaq Composite, Dow Jones Industrial Average, and S&P 500 all recording gains. These positive performances in global markets influenced trading sentiments in India, contributing to the bullish trend observed in the National Stock Exchange.

Furthermore, specific sectors and companies within the Indian market exhibited notable movements. Asian Paints, Coal India, Hindalco, BPCL, and NTPC emerged as top gainers in the Nifty 50 index, while Tech Mahindra, BEL, Trent, Britannia, and Kotak Mahindra Bank faced losses during the trading session.

The day also witnessed fluctuations in crude oil prices, with WTI crude oil dropping to a six-month low due to demand concerns and geopolitical factors. This, in turn, impacted the performance of oil-sensitive stocks in the market.

Overall, the trading day reflected a mix of global and domestic factors influencing market movements, with investors closely monitoring developments in key sectors and international markets to make informed trading decisions. The positive momentum in the National Stock Exchange of India underscored the resilience and dynamism of the country’s financial markets amidst evolving economic conditions.