Stock market rallies, Sensex and Nifty surge after tariff deal, investors' wealth rises by 13 lakh crore.

The positive expectations generated by the tariff deal between India and the United States were clearly visible in the stock market on Tuesday. The market gained tremendous momentum as soon as trading began.

Stock market rallies, Sensex and Nifty surge after tariff deal, investors' wealth rises by 13 lakh crore.

 

Stock Market Rally: The positive expectations generated by the tariff deal between India and the United States were clearly visible in the stock market on Tuesday. The market gained tremendous momentum as soon as trading began. The Sensex opened at 85,323.20 points, while the Nifty 50 began the day at 26,308.05.

 

Soon after the market opened, the Sensex surged 4,200 points, or 5.1 percent, to an intraday high of 85,871.73. The Nifty 50 also surged 1,252 points, or 5 percent, to reach 26,341.20. Investors directly benefited from this surge, and within just 15 minutes, their wealth increased by nearly ₹13 lakh crore.

 

stock market situation

The stock market witnessed strong gains across the board as trading began. All major Nifty sectoral indices traded in the green. The real estate sector saw the biggest gains during this period, with the Nifty Realty Index rising over 4 percent.

Additionally, stocks in the auto, infrastructure, consumer durables, IT, and metal sectors also saw strong gains. The banking sector also supported the market's momentum. The Nifty Bank index jumped more than 2.5%.

The reason behind the boom

Several key factors have driven the recent stock market rally, boosting investor morale. First, the EU-India trade deal has buoyed market sentiment.

Following this, the budget provided support to the market, and now, following the finalization of the India-US trade deal, the market is experiencing tremendous enthusiasm. This has led to a meteoric rise in the stock market.