Sensex Jumps Over 850 Points, Nifty Above 24,250

Benchmark indices staged a strong rebound on Monday, bouncing back decisively from last session’s weakness.

By 10:15 am, the S&P BSE Sensex had jumped 849.30 points to 80,061.83, while the NSE Nifty50 advanced 237.10 points to 24,276.45. All broader market indices were also firmly in the green, pointing to robust market sentiment.

From the Sensex pack, Reliance Industries, M&M, SBI, and ICICI Bank opened 1–2% higher, while HCL Tech, Nestle India, Maruti Suzuki, Asian Paints, and UltraTech Cement traded with losses.

Reliance Industries was the top gainer after posting a fourth-quarter profit that beat estimates, driven by strong growth in its retail and digital services businesses.

Barring Nifty IT, all sectoral indices traded in the green, with the Nifty PSU Bank, Consumer Durables, Oil & Gas, and Private Bank indices surging over 1%.

Global Markets

Meanwhile, Asian markets edged higher on the day in a cautious start amid continued uncertainty over US trade policy.

U.S. President Donald Trump on Friday asserted that tariff negotiations were underway with China, which Beijing denied, marking the latest in a series of conflicting signals over the progress of de-escalation of a trade war threatening to sap global growth.

Analysts’ Take

Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, noted that the Indian market’s resilience amid global and geopolitical uncertainty was striking.

“The heightened uncertainty from Indo-Pak tensions will continue to be a concern, but markets often climb a wall of worry,” he said.

Vijayakumar highlighted the return of foreign institutional investors (FIIs) as a key catalyst, with net inflows of Rs 32,465 crore over the last eight days marking a dramatic shift from their previous selling trend.

He also pointed to softening US economic data and a weaker dollar, which are fueling global capital flows into emerging markets like India, providing strong support for domestic equities.