The Indian Benchmark Indices closed the day with significant gains on Thursday. After US President Donald Trump claimed that India has offered a trade deal with “basically” zero tariffs on a range of American goods as part of the ongoing bilateral trade deal.
The announcement led surge in the stock market. The Sensex gained 1,200.18 points, or 1.48 per cent, to close the day at 82,530.74, with the index touching an intra-day high of 82,718.14.
The Nifty Index also saw strong upward movement, closing above the 25,000 mark first time since October 2024, ending at 25,062.
Tata Motors led the gainers
Among individual gainers, Tata Motors led the pack with an uptick of 4.19 per cent, followed by HCL Technologies, which rose 3.37 per cent. Eternal gained 2.22 per cent, while Adani Ports added 2.19 per cent. Other significant gainers include Maruti Suzuki India, Asian Paints, ICICI Bank and more.
On the losing side, IndusInd Bank was the sole loser with a decline of 0.16 per cent.
In the broader market, Mid and small-cap stocks ride on the rally. The Nifty Midcap 100 index ended the day with a 0.70 per cent gain. While the Nifty Smallcap 100 gained 0.54 per cent.
On the sectoral front, all the sectoral indices on the NSE ended with positive gains, indicating broad-based buying.
The rally is to ease market volatility. The India VIX, which measures the fear and uncertainty in the market, declined by 1.93 per cent to settle at 16.89.
Also Read: Trump Says India Is Offering Us A Zero Tariff Trade Deal
To read more such news, download Bharat Express news apps
