Stock Market Today: BSE Sensex and Nifty50, Indian Equity Benchmark indices firmly rally in trade on Tuesday. While BSE Sensex crossed 75,300, Nifty50 went above 22,850 intraday. The BSE Sensx finished the day to 75,301.26, 1,131 points or 1.53%. Nifty50 closed at 22,834.30, up to 326 points or 1.45%.
Sensex has seen a significant increase of 1,472 points in the last two business days, resulting in a significant increase in investors’ funds. The market price of companies listed on BSE increased by Rs 8,67,540.05 crore during this two -day period, which reached Rs 3,99,85,972.98 crore (USD 4.61 trillion) during this two -day period. Today, a notable single-day gained, when investors saw an increase of Rs 7 lakh crore in their wealth due to a strong market rally.
In Sensex 30-stock portfolio, notable beneficiaries included Zomato, ICICI Bank, Mahindra & Mahindra, Tata Motors, and L&T, which had a profit ranging from 2.7% to 7.4%. The financial sector showed a strong performance with an increase of 1.9%. The Nifty Bank increased by 2%, while the Nifty PSU Bank recorded an increase of 2.3%. ICICI Bank Nifty emerged as a top artist at Nifty 50, with a sufficient increase of 3.4%.
The Metals sector recorded an increase of 2.1%, which increased by Chinese stimulation initiative and a declining US dollar. Major companies including Hindalco Industries, Tata Steel, Hindustan Copper and Adani Enterprises received more than 2%. The automotive sector demonstrated strong speed, with the Nifty Auto over 2%. Companies within the region showed improvements between 1% and 4%, with Tata Motors a position among the top five beneficiaries on the Nifty 50.
The comprehensive market displayed significant strength, with the Nifty Midcap 100 and the Nifty Smallcap 100 increased by 2.2% and 2.7% respectively. Below are the top 8 reasons for the strong BSE Sensex and Nifty 50 rally listed in an ET report.
Why BSE Sensex, Nifty50 Rallied
1) Global market signal
Indian markets were aligned with strong performances in Wall Street and Asian exchanges. Hong Kong’s Hong Seng Index on Tuesday upgraded 2%, attained a three -year peak, supported by increasing confidence in China’s economic possibilities. Encouraging economic indicators and consumption-focused policy initiatives enhanced the market spirit.
Hang Seng Index has gained 23% increase year-on-year, major head Global market In performance. Chinese mainland indices showed a slight advantage, while MSCI’s broad Asia-Pacific share index increased by 1%. Markets in Seoul, Sydney and Taipei demonstrated a positive movement. Nikkei of Japan increased by 1.5%in three weeks, recording its strongest daily performance.
The American markets stabilized overnight, although investors are approaching April, when Trump’s proposed mutual tariffs are about to begin.
2) China’s economic stimulation initiative
The Chinese government has launched a new initiative to increase domestic consumption, which includes New Childcare Support and a dedicated consumption promotion program. Recent data from Monday has led to an increase in retail sales during January-February, assuring the officers working to increase domestic expenses.
Chinese’s financial aid measures and the declining US dollar benefited from the price, the metal industry index increased by 1.1%. The notable advantage included Hindalco Industries, which saw an increase of more than 2%. Analysts increased the growing demand from China, as major global commodities consumers.
3) US Economic Indicators
US retail figures showed improvement with an increase of 0.2% in February, which recover from 0.9% decrease in January, boosts market confidence.
The markets in the Asia-Pacific region followed positive movements on Wall Street, in which retail data reduces the worries of recession. However, Vikas did not meet the approximate goals, which reflects the business duties in the United States and the recent public sector job losses.
An concurrent report indicated that manufacturing activity in the state of New York experienced its most important decrease in almost two years, suggesting the economic recession. These minor retail and manufacturing figures contributed to reducing US dollar values and bond returns, supporting the value of gold.
4) weakening US dollars
The US dollar remained close to five months less than the Euro and other important currencies, while traders evaluated the results of growing global trade disputes.
The dollar index, tracking the American currency performance against six major counterparts, fell by about 6% from the January 110.17. Currently at 103.44, it reached a five -month low of 103.21 on Tuesday last Tuesday.
The Indian rupee demonstrated marginal strength on Tuesday, which opened at 86.7625 against the US dollar, improved with its previous completion of 86.80, availing softened dollars.
5) Buying deal
Indian markets maintained their recovery from Monday’s session, investing in international trade concerns by purchasing shares at attractive price levels.
Market analysis indicated oversold conditions, leading to the expected upward improvement.
Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, Said, “Broad indications are that the market has bottomed out, thought intelligent corrections cannot be Rules domestic Cues – Such as a rebound in fy25 Q3 gdp growth to 6.2%, a 5.1% surge in iip, a 16% Rise in gross tax collection, a Declining Trade Deficit, and CPI Infection Easing to 3.6% – Aare Favorable Macro We do. “
“However, these domestic tailwinds are not strong enough to maintain a long rally alone, as global headwinds can unbalance with tariff wars,” Vijaykumar said.
6) All Russia-Ukraine struggle
The spirit of the global market announced a planned discussion with Russian President Vladimir Putin about a possible ceasefire in the Russia-Ukraine conflict, after the announcement of US President Donald Trump.
The possibility of peace talks, despite being uncertain, offered support for high -risk investments. A successful resolution can potentially reduce global energy costs, providing benefits to European economies, while overall market conditions can be improved.
7) Bond yield and interest rate expectations
The American bond market saw an increase, with the primary 10-year-old Treasury yield 0.2 base points up to 4.31%. The yield of 2 years, an indicator of interest rate estimates, increased to 4.055%, 4 basis points, which reached a peak of 4.065% from 28 February.
The difference between the yield of 2-year and 10-year-old notes declined by about four basis points to 25 basis points, despite the economic recession indicators, reflecting market concerns about the possible delay in federal reserve rate reduction.
8) Technical analysis indicates for market strength
Srikanth Chauhan, head of Equity Research, head of Kotak Securities, saw that daily charts display a fast -paced candle formation, while intraday charts show a high floor pattern, indicating a trend on one upward.
Positive speed is likely to continue, provided the Nifty maintains a level above 22,350 and Sensex remains above 73,800. According to Chauhan, significant resistance points are located at 22,600 for Nifty and 74,500 for sensex. Whether these levels should be crossed, the indexes can move towards 22,675-22,750 (Nifty) and 74,700-74,900 (Sensex).
However, if the index falls below 22,350/73,800, the market spirit can be negative, which can encourage traders to get out of their positions.
