Stock Market Today: Sensex Surges 1,600 Points; Nifty Ends Above 23,500; HDFC Bank Top Gainer
The Nifty 50 and Sensex became the first Asian indices to recover losses from Liberation Day.
KEY HIGHLIGHTS
Stock Market Today: Nifty, Sensex Extend Gains To Second Session As Trump Tariff Pause Boosts Risk-On Sentiments
The NSE Nifty 50 and BSE Sensex rose for second session in a row
The Nifty 50 and Sensex ended at nearly two-week high
The NSE Nifty Realty sector was the top performer. It ended 5.64% higher at 834.75.
The NSE Nifty FMCG sector was the top loser. It ended 0.28% higher at 55,896.95.
The NSE Nifty Midcap 150 ended 3.03% higher at 19,178.50.
The NSE Nifty Smallcap 250 ended 3.06% higher at 15,238.45.
Rupee Closes Stronger Against Dollar
Rupee strengthened by 28 paise to close at 85.77 against the US dollar. It closed at 86.05 on Friday, according to data on Bloomberg.
Stock Market Live: Nifty Finance Hits Record High
The NSE Nifty Finance index rose as much as 3.11% to the day's high of 25,306.90.
Stock Market Live Update: India VIX Falls Over 20%
The NSE Volatility Index slumped 20.43% to 16.0. The fear gauge was trading 20.40% down at 16.00% as of 3:07 p.m.
JM Financial Cuts Nifty EPS Growth Forecasts, Flags Risks From Key Sectors
Financial services company JM Financial has lowered its Nifty earnings per share (EPS) growth expectations for both FY25 and FY26, citing concerns on the uncertainty and market volatility created by US tariffs. The biggest risk for FY26 stems from IT, auto and auto ancillaries, and chemicals, according to Venkatesh Balasubramaniam, Managing Director and Co-Head of Research, JM Financial.
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