Sensex Soars 450 Points, Nifty Crosses 25,900 Mark; Broad-Based Buying Lifts All Sectors

Indian equities opened the week on a strong note on Monday, mirroring gains in global markets amid renewed optimism over US-China trade talks.

Investors cheered reports that both countries are nearing a framework agreement, easing fears of a potential trade war escalation. At 10:00 am, the BSE Sensex was up 239 points or 0.28% at 84,450, while the NSE Nifty climbed 79 points or 0.30% to 25,874.

Top movers
Heavyweights such as Tata Steel, Bharti Airtel, Reliance Industries, Tata Motors, SBI, Tech Mahindra, HDFC Bank, ICICI Bank, NTPC, Axis Bank, and HCL Tech led the rally. On the other hand, Infosys, Kotak Bank, BEL, Sun Pharma, Bajaj Finance, Eternal, and Adani Ports saw mild declines of up to 1.3%.

Broader market and sectors
The broader markets also participated in the rally — the Nifty MidCap index rose 0.46%, while the SmallCap index gained 0.23%. All sectoral indices were in positive territory, led by Nifty Realty, which advanced 1%.

Global triggers
The rally followed comments by US Treasury Secretary Scott Bessent, who said that President Trump’s proposed 100% tariffs on Chinese goods were “off the table” as part of a draft agreement. The deal reportedly includes China increasing soybean imports and easing curbs on rare earth exports.

Asian markets extended Wall Street’s record-setting momentum. Japan’s Nikkei 225 breached the 50,000 mark for the first time, jumping 2%, while the broader Topix added 1.52%. South Korea’s Kospi surged 1.99%, and Australia’s ASX 200 gained 0.49%.

In the US, the Dow Jones, S&P 500, and Nasdaq all closed at record highs on Friday as cooling inflation data boosted expectations of further Federal Reserve rate cuts. The Dow crossed the 47,000 level for the first time. Investors are now eyeing key Big Tech earnings and the Fed’s upcoming policy decision later this week for near-term cues.