Sensex and Nifty Rally Amid Persistent Foreign Fund Inflows

Equity benchmark indices Sensex and Nifty surged in early trade today, driven by persistent foreign fund inflows and easing tariff concerns. The 30-share BSE Sensex jumped 442.94 points to reach 80,661.31, while the NSE Nifty rallied 129.15 points to 24,457.65.

Among the top gainers were Tata Motors, Reliance Industries, IndusInd Bank, Bharti Airtel, Mahindra & Mahindra, and Axis Bank. On the other hand, Sun Pharma, Nestle, UltraTech Cement, Power Grid, and Bajaj Finance lagged behind.

Foreign Institutional Investors (FIIs) have been a strong pillar of support, marking their ninth consecutive session of net buying, with a cumulative inflow of ₹34,940 crore. This sustained FII interest is attributed to India’s potential to outperform other major economies.

Additionally, optimism surrounding a potential India-US trade deal has further buoyed market sentiment. US Treasury Secretary Scott Bessent’s remarks about India being among the first countries to finalize a trade agreement have been viewed as a significant positive.

In global markets, South Korea’s Kospi and Hong Kong’s Hang Seng indices traded higher, while China’s Shanghai Composite Index remained in the red. Meanwhile, Brent crude oil prices eased by 0.80% to USD 65.33 per barrel, offering some relief on the inflation front.