Sensex Surges 555 Points on Value Buying Amid Strong GDP Data
Nifty jumps 198 points as IT, Auto, and Banking sectors lead the rally....
Mumbai: The BSE Sensex rebounded sharply on Monday, gaining 554.84 points to close at 80,364.49, fueled by value buying across IT, auto, and banking sectors after three consecutive days of losses.
The NSE Nifty 50 surged 198.20 points, or 0.81%, to settle at 24,625.05. The Sensex opened with gains and later hit a high of 80,406.84, rising 597 points intraday.
Top Gainers and Laggards
Major gainers: Mahindra & Mahindra, Tata Motors, Trent, Eternal, Asian Paints, Infosys
Laggards: Sun Pharma, ITC, Hindustan Unilever, Titan
Economic Data Boosts Investor Confidence
India’s Q1 GDP growth came in at a robust 7.8% for April-June 2025, marking the fastest pace in five quarters. The stronger-than-expected growth has reinforced investor confidence amid global uncertainties and trade challenges.
Vinod Nair, Head of Research at Geojit Investments, said:
“Expectations of GST rationalisation at the upcoming council meeting continue to bolster sentiment, supporting discretionary consumption. This optimism is particularly benefiting sectors such as auto and consumer durables.”
Global Market Overview
Asia: Shanghai SSE Composite and Hong Kong Hang Seng ended higher; South Korea Kospi and Japan Nikkei 225 closed lower
Europe: Markets mostly trading higher
US: Markets ended lower on Friday
Oil: Brent crude climbed 0.92% to USD 68.10 per barrel
Investment Trends
FIIs: Offloaded equities worth Rs 8,312.66 crore on Friday
DIIs: Bought stocks worth Rs 11,487.64 crore
On Friday, the Sensex had dropped 270.92 points to 79,809.65, while Nifty declined by 74.05 points to 24,426.85. Monday’s rally reflects a strong recovery in domestic markets fueled by macroeconomic data and sectoral buying.
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