Indian Stock Market Today Closes Sensex 398 Points, Nifty Near 25,300

KEY TAKEAWAYS:

Sensex climbed nearly 400 points; Nifty closed close to the 25,300 level.
Markets gained on positive global cues and India–U.S. trade deal optimism.
Analysts warn of short-term volatility amid rupee weakness and FII outflows.

Mumbai: The Indian stock market today closed Thursday’s session in positive territory, supported by upbeat global cues and renewed optimism surrounding a potential India–U.S. trade agreement. Benchmark indices held on to most of their early gains, even as caution persisted due to global macroeconomic uncertainties.

Investor sentiment improved after signs of easing trade tensions from the United States, though volatility indicators continued to flash caution.

Sensex and Nifty End the Day in the Green

At the close, the BSE Sensex advanced 397.74 points, or 0.49 per cent, to settle at 82,307.37. The Nifty 50 rose 132.40 points, or 0.53 per cent, ending the day at 25,289.90.

Both indices opened sharply higher. The Nifty started at 25,344.15, while the Sensex opened at 82,459.66, reflecting strong early buying interest across sectors.

Global Signals Lift Indian Stock Market Today

Markets drew support after US President Donald Trump softened his stance on tariffs against European nations. His comments, linked to a framework agreement involving Greenland, helped ease fears of fresh trade disruptions.

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Hopes of progress in India–U.S. trade negotiations further boosted sentiment, enabling domestic equities to outperform in early trade.

Analysts Flag Caution Beneath the Rally

Market analysts said domestic equities rebounded on relief over Trump’s remarks at the World Economic Forum. However, they cautioned that the broader mood remains guarded due to persistent weakness in the rupee and ongoing foreign institutional investor (FII) selling.

They also noted that early corporate earnings have yet to provide strong support to justify current valuation levels.

Earnings, Global Data in Focus

Investors remain hopeful that strong domestic demand could offer upside support, potentially becoming clearer as more quarterly earnings are announced. Analysts said markets will closely track upcoming US GDP and core inflation data for global direction.

Attention is also on the policy decision from the Bank of Japan, which could influence global liquidity and risk appetite.

Technical View: Resistance Zones Ahead

From a technical perspective, market experts noted that the Nifty consolidated after a positive start but faced resistance near the 38.2 per cent Fibonacci retracement level. The index slipped from an intraday high of 25,435 to a low of 25,168 before closing near the midpoint of the day’s range.

Although the Nifty closed above its 200-day moving average for the second straight session, elevated India VIX levels suggest continued uncertainty. Analysts see resistance in the 25,480–25,500 zone, with immediate support around 25,125, indicating a volatile near-term outlook for the Indian stock market.

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