Final Trade: Sensory is getting higher and higher, up 455 points; Nifty automatically closes with 25,001, stock LEAD RALLY
On Monday, May 26, the Indian stock market dominated Dalar Street for its second consecutive session. The rally was supported by strong buying in the automotive and its industry, led by favorable global tips, early monsoon progress and solid domestic macros.
BSE Sensex jumped 455.37 points or 0.56% to close at 82,176.45, while NSE Nifty finished with a score of 25,001.15, up 148 points or 0.60%, breaking the psychological 25,000 points for the first time.
In the sector, Nifty Auto and Nifty all earned one percent, driven by strong momentum in stocks such as Mahindra & Mahindra, Tata Motors, Infosys and HCL Tech. The positive prospects for auto sales and digital transformation have maintained investor interest in it.
Other areas such as metals, real estate, energy, commodities and PSU stocks are also seeing healthy gains, which contribute to overall market strength.
Rally is not limited to lawyers. The Nifty MidCAP 100 rose 0.67% to 57,067.25, while the Nifty SmallCap 100 increased by 0.37% to 17,707.80, indicating strong investor interest in the wider market.
Global Tips
Globally, investor sentiment has been driven from the report, suggesting that the U.S. could extend the tariff deadline for European imports, suggesting progress in trade talks. In addition, the US dollar index fell to 98.93, encouraging funds to flow into emerging markets such as India.
Early monsoon, soft bond generation helps family mood
Returning home, the early arrival of the southwest monsoon and the inclination of the bonds will further enhance confidence. Vinod Nair, head of research at Geojit Financial, said these developments point to the collection of rural demand, which could reflect stronger Q4 GDP readings.
Currency update
this Indian Rupee (24 Paise) admired Indian Rupee (Paise) closed at $85.09tracking the weaknesses of greenback and positive domestic leads.
According to LKP Securities’ Jateen Trivedi, the rupee is expected to remain at a distance of 84.50 to 85.25, with major U.S. economic data ranking in the past week.
Key triggers ahead
Investors will closely track the release of the U.S. macroeconomic this week, including durable commodity orders, first-quarter GDP data, FOMC meeting minutes and core PCE price index, all of which could impact foreign funds’ traffic and currency movement.
Starting domestically, everyone’s eyes are focused on India’s fourth-quarter GDP figures, the progress of the monsoon and any new tips in company revenue ahead of the new series later this week.
