Markets Open Strong: Sensex Rises 300 Points, Nifty Above 25,900
Sensex jumps 525 points to 85,007; Nifty50 climbs 148 points to 25,963 by 9:45 am
Sensex jumps 525 points, Nifty above 25,960 amid global cues.
Benchmark Indian equity indices opened sharply higher on Thursday, with the S&P BSE Sensex rising 525.11 points to 85,006.92 and the NSE Nifty50 climbing 147.50 points to 25,963.30 by 9:45 am. Investor sentiment was buoyed by expectations of a rate hike from the Bank of Japan (BoJ).
Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments, said that while FIIs pausing their selling over the past two days is a positive signal, it does not indicate a change in the broader market trend. “The market will closely watch the BoJ’s commentary on future rates. A hawkish stance could trigger further FII outflows due to concerns over unwinding of the yen carry trade,” he noted.
Meanwhile, softer US inflation data—November core inflation at 2.6%, below estimates of 3%—is lending support to global markets, providing a favourable backdrop as 2025 draws to a close.
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