MUMBAI: Peace at the border sparked a frenzy on Dalal Street on Monday, with the stock market erupting in its best single-day rally since February 2021.
Dalal Street investors became richer by Rs16.15 lakh crore today as markets skyrocketied nearly 4 per cent.
Investors cheered the unexpected ceasefire agreement between India and Pakistan, coupled with easing trade tensions between the US and China, pushing benchmark indices on Dalal Street up nearly 4 per cent.
The Sensex surged 2,975 points to close at 82,430, while the Nifty jumped 917 points to 24,925 – both settling at their highest levels this year.
The Sensex surged 2,975 points to close at 82,430 while the Nifty jumped 917 points to settle at 24,925 – both indices rising 4 per cent each and marking their highest close of 2025.
The rally, broad-based and exuberant, added nearly Rs16 lakh crore to the market capitalisation of BSE-listed companies, pushing the total valuation above the $5 trillion mark once again. The advance-decline ratio stood firmly at 10:1, with 48 of the 50 Nifty constituents ending the day in the green, logging gains between 1 and 8 percent.
US-China tensions
The easing of US-China trade tensions, after fresh tariff revisions, and the announcement of a ceasefire agreement between India and Pakistan boosted investor sentiment. Global risk-on mood coupled with domestic buying enthusiasm powered a rally across all sectors.
Technology and metal stocks led from the front. The Nifty IT index soared over 7 per cent, registering its biggest single-day rise in five years, on hopes of improved global demand and easing geopolitical risks. Infosys, HCL Technologies and Wipro were among the top gainers.
Adani Enterprises, Shriram Finance and Trent also featured prominently among the day’s winners, each gaining substantially. The Nifty Bank index surged 1,788 points to 55,383 while the Nifty Midcap 100 rallied 2,193 points to close at 55,416.
In the broader market, hotel and tourism counters saw heavy buying with Indian Hotels and IndiGo soaring 7 per cent each. Midcap names like Birlasoft, Hindustan Copper, Escorts, OFSS, SJVN, SAIL and NBCC were also in sharp focus.
Despite the euphoria, a few stocks like IndusInd Bank, Sun Pharma, Solar Industries and HAL ended the day with cuts.
With investor wealth swelling and optimism returning across sectors, Monday’s rally marked a major sentiment shift on Dalal Street – one that investors will be watching closely in the sessions ahead.
