Stock Market Today Live Update: Equity Indices Settle Sharply Higher; Sensex Jumps 2,072 Points, Nifty Closes Above 25,725


This is the end of the live update of Today's stock market.
Shares from Automobiles, IT, Metal, Pharma, Realty, and Healthcare gained the most.
The Broader market traded sharply higher amid heavy buying interest after the India-US trade deal.
Top Gainers: Adani Ports, Bajaj Finance, Indigo, PowerGrid, SunPharma, Bajaj FinServ, SBI, And Others.
Losers: Tech Mahindra, BEL
Having a solid booster in the India-US trade deal, which was announced last evening, the domestic equity indices opened significantly higher. BSE Sensex started the session at 85,323, up over 3,000 points. The index further extended the momentum, jumping over 4,200 points to hit an intraday high at 85,871. The Sensex closed at 83,739.13, up 2072.67 or 2.54 per cent.
Meanwhile, Nifty50 opened at 26,308, up over 1,300 points against last day's closing of 25,088.40. The 5o share index of NSE rose further to hit an intraday high at 26,341.20 before closing at 25,727.55, up 639.15 points or 2.55 per cent.
"Indian equity markets staged a sharp rally today, recording one of the strongest single-day gains in recent times after the announcement of a landmark India–U.S. trade deal that significantly reduced reciprocal tariffs on Indian exports. The development spurred risk appetite, triggering broad-based buying across sectors, with the Sensex and Nifty rising 3–4% in early trade and climbing to intraday highs of around 5%," said Ponmudi R, CEO of Enrich Money.
The domestic equity indices settle sharply higher after having a dream intraday rally post the announcement of India-US trade deal.
All Sensex stocks are trading in positive territory in the afternoon trade.
On NSE, among 3,211 traded stocks, 2,696 advanced, 171 hit the upper circuit, and 56 hit 52 week high.
The equity indices are trading over 2.5 per cent higher in mid-day trade on sustained momentum on the India-US Trade deal announcement.
Automobile stocks soared after the India-US trade deal announcement. The original equipment manufacturers will benefit from the deal as they export a significant number of products to the US market. The Nifty Auto Index is trading over 3 per cent higher in the mid-day trade.
After months of negotiation, the trade deal between the US and India was finally announced. The specifics are yet to be known, but prima facie, the 25 per cent additional (Penal) tariffs will no longer be levied for buying Russian Oil, said Apurva Sheth, Head of Market Perspectives and Research, SAMCO Securities.
Sheth believes that this is a great boost for the already sombre sentiments as Indian goods will now be able to compete on the US soil. However, one must also remember that exports to the US are a small part of our US$ 4 trillion GDP.
"So yes, the trade deal is good for the economy and markets in the short term, but one must not expect miracles out of it. The market is expected to gap up higher as there are many short positions in the system, which will get squared off. But we must look for fresh long-term support for the trend to sustain," Apurva added.
Mirroring the rally in the domestic stock market, the bullion prices have soared in early trade as well. The futures contract of Silver rose 7 per cent, while Gold surged over 3 per cent in early trade on MCX.
All the sectoral indices are trading significantly high on the back of the India-US Trade Deal. Nifty Pharma, Nifty IT, Nifty Auto, and Nifty Realty are leading the sectoral rally.
The broader market is trading sharply higher post the deal announcement, shaping the overall rally.
All the stocks from the Sensex basket are trading significantly higher except ITC. Adani Ports, Bajaj Finance, Indigo top gainders.
Nifty50 jumps 6.90 points to trade over 25,750. The index opened with a strong gap-up around 26,300, close to its all-time high of 26,373.
"Momentum indicators have turned decisively bullish, with RSI moving firmly above 50 and breaking out of the neutral zone, while MACD has registered a strong bullish crossover. The index is now trading comfortably above all key moving averages (20, 50, 100, and 200 DMA), underlining the strength of the ongoing uptrend. Immediate support has shifted higher to the 25,400–25,500 zone, which now acts as gap support and prior resistance. On the upside, resistance is placed at 26,000 (psychological) and the record-high zone near 26,373," said Ponmudi R, CEO of Enrich Money.
The BSE Sensex opened sharply higher on Tuesday on the India-US trade deal. The rally in the Indian equity market is driven by the landmark India–US trade deal announced late yesterday by US President Donald Trump after having discussions with Prime Minister Narendra Modi.
The BSE's 30-share benchmark Sensex rose 3,656.74 points to 85,323.20 in early trade. The NSE 50-share index Nifty50 rose 1,219.65 points to 26,308.05.
Both the major indices later extended their winning momentum, with the Sensex rising 4,205.27 points or 5.14 per cent to 85,871.73 and the Nifty up 1,252.8 points or 4.99 per cent to 26,341.20.
"The agreement reduces reciprocal US tariffs on Indian goods from 25% to 18%, removing a major overhang that had weighed on export-oriented sectors, manufacturing, and overall market sentiment in recent months. The development triggered broad-based buying interest and significant short-covering across derivative segments, reflecting a sharp improvement in investor risk appetite," said Ponmudi R, CEO of Enrich Money.