SOURCE : NEW18 NEWS
Last Updated:May 12, 2025, 15:50 IST
Indian equity markets settled with the highest gains in almost an year after easing in India-Pakistan tensions
Stock Market Today
Sensex Today:Indian equity markets registered their strongest single-day rally in nearly a year, buoyed by a significant easing of India-Pakistan border tensions after both nations agreed to a ceasefire over the weekend, following days of escalating drone strikes. Sentiment was further lifted by encouraging developments in the US-China trade talks, easing fears of a prolonged global trade conflict.
The BSE Sensex soared 2,975.43 points, or 3.7%, to close at 82,429.90, while the NSE Nifty50 jumped 916.7 points, or 3.8%, to end at 24,924.70.
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In the broader markets, the BSE Midcap index climbed 3.85% and the Smallcap index rose 4.18%, reflecting strong investor confidence across the board.
All sectoral indices ended in the green, with Nifty IT and Realty leading the surge — up 6.7% and 5.9%, respectively. Other notable sectoral gains were seen in metals, energy, banks, consumer durables, oil & gas, and FMCG, which rose up to 5.8%.
Among the Sensex constituents, 28 out of 30 stocks closed in the green. Infosys was the top gainer, rising 7.6%, followed by HCL Tech (5.9%), Tata Steel (5.6%), Larsen & Toubro (5.5%), and TCS (5.4%). IndusInd Bank and Sun Pharma were the only laggards.
India VIX, the volatility index often seen as a barometer of investor fear, declined sharply by 14.6% to 18.47. During the session, it dropped over 20% to hit a low of 17.79, indicating a significant drop in market uncertainty.
Global Cues
Investor optimism was visible in global markets early Monday. Australia’s S&P/ASX 200 index hit its highest level in over two months, rising 0.5% to 8,269.60, following similar gains on Friday. The upbeat momentum was supported by hopes of a breakthrough in U.S.-China trade relations.
Asian markets opened strong, following the lead of US equity futures and a positive close on Wall Street. As of 9:51 a.m. Tokyo time, S&P 500 futures were up 1.4%. Japan’s Topix gained 0.3%, and Australia’s S&P/ASX 200 climbed 0.5%. Euro Stoxx 50 futures also rose 0.8%, pointing to a robust start in Europe.
Wall Street closed higher on Friday, snapping a multi-day losing streak. The S&P 500 gained 1.26%, the Dow Jones Industrial Average rose 1.18%, and the Nasdaq Composite jumped 1.99%, driven by strong tech earnings and softening US jobs data—raising hopes of a potential rate cut later in the year.
- First Published:
May 12, 2025, 08:54 IST
