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Time of India
15-05-2025
- Automotive
- Time of India
Why did the stock market rally today? Nifty50 ends above 25,000; Sensex 1,200 points up - top 5 reasons for bulls' party
US President Donald Trump said, "India offered US a deal, basically zero tariffs". (AI image) Stock market today : Indian equity benchmarks, Nifty50 and BSE Sensex , rallied strongly in trade on Thursday, with both indices hitting several-month highs. Importantly, Nifty50 crossed the 25,000 mark and settled above it. BSE Sense also closed above 82,000. Nifty50 ended the day at 25,062.10, up almost 400 points or 1.60%. BSE Sensex ended at 82,530.74, with a 1,200 point surge which amounts to a 1.48% rally. The stock market rally was driven by positive performance in financial, automotive and technology sectors, with market sentiment bolstered by US President Donald Trump 's remarks on India's zero-tariff offer for a trade deal. The total market value of BSE-listed companies increased by Rs 5.05 lakh crore, reaching Rs 439.94 lakh crore. In sectoral performance, Nifty Financials increased by 1.3%, Automotive sector rose by 1.9%, IT sector advanced by 1.2%, and Metal sector grew by 1.7%, according to an ET report. The broader market demonstrated positive momentum, with small-cap and mid-cap indices each advancing by approximately 0.7%. Why did the stock market rally today? Top reasons 1) Zero-tariff trade deal discussions with the US During a significant announcement from Doha on Thursday, US President Donald Trump disclosed, "India offered US a deal, basically zero tariffs," whilst speaking during his West Asia tour. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giá Implant tại Việt Nam năm 2025 – Cập nhật mới nhất Cấy ghép răng | Quảng cáo tìm kiếm Tìm hiểu thêm Undo Also Read | Donald Trump says India has offered a trade deal with 'literally no tariffs' Trump's statement follows his April 30 comments where he stated, "India tariff talks are going great, think we'll have a deal soon," during an event in Michigan. According to a recent Reuters report, India proposed reducing its average tariff difference with the US from approximately 13% to below 4%, representing a 9-percentage-point reduction. This proposal represents one of India's most comprehensive efforts to harmonise its trade policies with major global trading partners. 2) Oil Price Plunge Oil prices declined by more than $2 on Thursday as discussions around a potential U.S.-Iran nuclear agreement suggested possible sanctions relief, which could boost global oil supply. Brent crude decreased 3.5% to $63.79 per barrel, whilst WTI crude declined to $60.89. The reduction in oil prices assists in controlling inflation pressures and decreases India's import expenses, providing support to domestic market conditions. 3) Gold Price Decline Gold June futures on MCX declined to a one-month low of Rs 90,890 per 10 grams, showing a 1.5% reduction from Wednesday's closing price and an 8.5% decrease from its recent high. This price adjustment occurred due to diminishing geopolitical concerns, lower demand for safe-haven investments, and increased attention towards U.S. economic indicators and Federal Reserve decisions. The downward movement in gold prices typically indicates investors' reduced need for risk protection, enabling increased equity investments and suggesting improved market sentiment. Also Read | 'Don't want you building in India': Donald Trump's clear message to Apple CEO Tim Cook to 'Make in US'; says India can take care of themselves 4) FII Investment Surge Foreign institutional investors have invested approximately Rs 50,000 crore in Indian equities since April 15, recording positive net inflows in 19 out of 20 recent trading sessions. This investment pattern follows a quarter of continuous outflows. 5) Cooling Inflation Recent data showed US consumer inflation increased by 0.2% in April, below economists' expectations of 0.3%, reducing concerns about additional Federal Reserve rate increases. Additionally, India recorded its lowest retail inflation in six years at 3.16% in April, falling below the Reuters projection of 3.27%. These figures have increased the likelihood of the Reserve Bank of India implementing a rate reduction, potentially supporting economic expansion and market performance. "The market staged a robust rebound, closing with substantial gains, driven by a decline in domestic inflation and positive signals from the U.S. regarding a potential trade agreement with India," said Vinod Nair, Head of Research, Geojit Investments Limited. "Investor attention is now turning to the upcoming speech by the Federal Reserve Chair, which is anticipated to provide further clarity on the future policy trajectory, particularly in light of the recent easing in U.S. inflation data," Nair added. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Economic Times
15-05-2025
- Business
- Economic Times
Why is the stock market rising today? Sensex surges over 1,300 pts, Nifty crosses 25,100; 6 factors behind the rally
Sensex and Nifty surged over 1.5%, buoyed by hopes of a zero-tariff trade deal between India and the U.S., as investors cheered gains across financial, auto, and IT sectors. Indian markets surged, with Sensex and Nifty both rising over 1.5%, fueled by optimism surrounding a potential zero-tariff trade deal with the U.S. Lower oil and gold prices, coupled with strong FII inflows and a weakening dollar, further boosted investor confidence. Cooling inflation data also raised hopes for a potential rate cut by the Reserve Bank of India. Tired of too many ads? Remove Ads Here are five key factors driving the rally: Tired of too many ads? Remove Ads 1) Zero-tariff trade deal talk with the US 2) Crude Impact 3) Sharp drop in gold prices Tired of too many ads? Remove Ads 4) Strong FII inflows 5) Weakening US dollar 6) Cooling inflation boosts rate cut hopes Indian benchmark indices Sensex and Nifty erased early losses and surged over 1.5% on Thursday, supported by gains in financial, auto, and IT stocks. Investor sentiment improved following reports of a potential zero-tariff trade deal between India and the of 2:14 PM, the BSE Sensex was up 1,366 points, or 1.68%, at 82,702, while the Nifty 50 gained 434.5 points, or 1.76%, to reach 25, Nifty Financials rose 1.5%, Auto 2.2%, IT 1.2%, and Metal 1.7%. Broader markets also saw gains, with both the small- and mid-cap indices up around 0.6% market capitalisation of all BSE-listed companies surged by Rs 5 lakh crore, reaching Rs 439.86 lakh a major development from Doha on Thursday, US President Donald Trump revealed that India has offered a trade deal to the United States, which would see "basically zero tariffs" on a broad range of American goods, reported Reuters."India offered US a deal, basically zero tariffs," the Republican leader said during the second leg of his three-nation West Asia latest comments follow his earlier remarks on April 30, when he said that talks with India on tariff issues were 'going great' and expressed confidence in reaching a final deal soon. Speaking at an event in Michigan, he noted, 'India tariff talks are going great, think we'll have a deal soon.'According to a report by Reuters on May 9, India had proposed to reduce its average tariff differential with the US from around 13% to under 4%—a 9-percentage-point drops. This would be among the most comprehensive moves by India to align its trade policies with major global prices fell by nearly $2 on Thursday amid expectations of a potential U.S.-Iran nuclear deal, which could ease sanctions and increase global crude dropped 3.3% to $63.93 per barrel, while WTI crude fell to $61.05. Lower oil prices help ease inflation concerns and reduce India's import bill, supporting domestic June futures on MCX fell to a one-month low of Rs 90,890 per 10 grams—down 1.5% from Wednesday's close and over 8.5% from its recent peak. The correction comes amid easing geopolitical tensions, reduced demand for safe-haven assets, and a focus shifting to U.S. economic data and Federal Reserve gold prices often indicate reduced risk aversion among investors, which supports higher allocations to equities and reflects improving market institutional investors have poured nearly Rs 50,000 crore into Indian equities since April 15, marking net inflows in 19 of the last 20 sessions. This trend follows a three-month phase of persistent dollar index fell 0.29% to 100.74 on Thursday, down significantly from 109.88 in early February. A weaker dollar tends to benefit emerging markets like India by encouraging foreign inflows and strengthening the as earlier reported, U.S. consumer inflation rose just 0.2% in April, lower than the 0.3% expected by economists, easing concerns over further rate hikes by the Federal the same time, India's retail inflation dropped to 3.16% in April—its lowest level in six years and below the Reuters estimate of 3.27%. The data has raised expectations of a potential rate cut by the Reserve Bank of India, which could further support economic growth and market momentum.
Time of India
15-05-2025
- Business
- Time of India
Why is the stock market rising today? Sensex surges over 1,300 pts, Nifty crosses 25,100; 6 factors behind the rally
Indian benchmark indices Sensex and Nifty erased early losses and surged over 1.5% on Thursday, supported by gains in financial, auto, and IT stocks. Investor sentiment improved following reports of a potential zero-tariff trade deal between India and the U.S. As of 2:14 PM, the BSE Sensex was up 1,366 points, or 1.68%, at 82,702, while the Nifty 50 gained 434.5 points, or 1.76%, to reach 25,101. Sectorally, Nifty Financials rose 1.5%, Auto 2.2%, IT 1.2%, and Metal 1.7%. Broader markets also saw gains, with both the small- and mid-cap indices up around 0.6% each. The market capitalisation of all BSE-listed companies surged by Rs 5 lakh crore, reaching Rs 439.86 lakh crore. Here are five key factors driving the rally: 1) Zero-tariff trade deal talk with the US Live Events In a major development from Doha on Thursday, US President Donald Trump revealed that India has offered a trade deal to the United States, which would see "basically zero tariffs" on a broad range of American goods, reported Reuters. "India offered US a deal, basically zero tariffs," the Republican leader said during the second leg of his three-nation West Asia tour. Trump's latest comments follow his earlier remarks on April 30, when he said that talks with India on tariff issues were 'going great' and expressed confidence in reaching a final deal soon. Speaking at an event in Michigan, he noted, 'India tariff talks are going great, think we'll have a deal soon.' According to a report by Reuters on May 9, India had proposed to reduce its average tariff differential with the US from around 13% to under 4%—a 9-percentage-point drops. This would be among the most comprehensive moves by India to align its trade policies with major global partners. 2) Crude Impact Oil prices fell by nearly $2 on Thursday amid expectations of a potential U.S.-Iran nuclear deal, which could ease sanctions and increase global supply. Brent crude dropped 3.3% to $63.93 per barrel, while WTI crude fell to $61.05. Lower oil prices help ease inflation concerns and reduce India's import bill, supporting domestic markets. 3) Sharp drop in gold prices Gold June futures on MCX fell to a one-month low of Rs 90,890 per 10 grams—down 1.5% from Wednesday's close and over 8.5% from its recent peak. The correction comes amid easing geopolitical tensions, reduced demand for safe-haven assets, and a focus shifting to U.S. economic data and Federal Reserve policy. Falling gold prices often indicate reduced risk aversion among investors, which supports higher allocations to equities and reflects improving market confidence. 4) Strong FII inflows Foreign institutional investors have poured nearly Rs 50,000 crore into Indian equities since April 15, marking net inflows in 19 of the last 20 sessions. This trend follows a three-month phase of persistent outflows. 5) Weakening US dollar The dollar index fell 0.29% to 100.74 on Thursday, down significantly from 109.88 in early February. A weaker dollar tends to benefit emerging markets like India by encouraging foreign inflows and strengthening the rupee. 6) Cooling inflation boosts rate cut hopes Meanwhile, as earlier reported, U.S. consumer inflation rose just 0.2% in April, lower than the 0.3% expected by economists, easing concerns over further rate hikes by the Federal Reserve. At the same time, India's retail inflation dropped to 3.16% in April—its lowest level in six years and below the Reuters estimate of 3.27%. The data has raised expectations of a potential rate cut by the Reserve Bank of India, which could further support economic growth and market momentum.
