📈 Market Highlights
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Sensex surged 1,387.58 points to close at 82,718.14
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Nifty jumped 442.45 points, reclaiming the 25,000 mark at 25,109.35
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Rebound followed a weak opening; early trade saw a fall of over 500 points
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Gains led by metal, auto, IT, and realty stocks
🔑 Top Factors Driving the Rally
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India-US Trade Deal Hopes
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US President Donald Trump revealed that India proposed a “no tariffs” trade deal.
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Market welcomed the possibility of eased trade tensions and improved US-India economic ties.
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However, analysts caution that the rally’s sustainability depends on the final deal's specifics.
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Drop in Crude Oil Prices
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Crude futures fell by Rs 137 to Rs 5,264 per barrel, reducing inflation concerns.
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Lower oil prices benefit India’s trade balance and corporate profit margins.
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Rate Cut Expectations
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Retail inflation dropped to 3.16% in April, the lowest in a year.
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Weak inflation has boosted expectations of a rate cut by the RBI in the upcoming policy review.
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Led to a rally in rate-sensitive sectors like realty and metals.
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Strong FII Inflows
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Foreign Institutional Investors (FIIs) were net buyers with Rs 931.80 crore worth of purchases.
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Continued FII interest buoyed overall market sentiment.
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📊 Top Nifty Gainers
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Hero MotoCorp, JSW Steel, Tata Motors, Shriram Finance, HCL Technologies
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These stocks rose up to 6% during the session.
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