Sensex Soars 700 Points, Nifty Crosses 24,200 Despite Rising Tensions | Market Highlights
Date: April 28, 2025
By: Fact Post Business Desk
🔥 Stock Markets Defy Geopolitical Tensions
In a surprising turn of events, Indian stock markets rallied sharply today, brushing aside ongoing geopolitical tensions between India and Pakistan. Investors seemed to focus on corporate earnings optimism and global market cues, driving the indices higher.
📊 Sensex and Nifty in the Green
As of market close:
- 📌 The BSE Sensex surged 700 points, closing well above the 79,100 mark.
- 📌 The NSE Nifty rose by 210 points, comfortably crossing the psychological barrier of 24,200.
This strong performance comes even as tensions along the Line of Control (LoC) continue, following the recent Pahalgam terror attack and ongoing cross-border firing.
🔝 Top Gainers of the Day
Leading the market charge were:
- Reliance Industries Ltd. (RIL) — surged over 3.2% on strong quarterly numbers and positive commentary on its retail and energy business.
- Mahindra & Mahindra (M&M) — jumped 4.1%, buoyed by robust sales forecasts and strong investor sentiment in the auto sector.
- Other notable gainers included HDFC Bank, Tata Motors, and Infosys.
📝 What’s Driving the Rally?
According to market analysts, several factors contributed to today’s uptrend:
- Positive global market cues from Wall Street and Asian markets.
- Strong Q4 earnings reports from major Indian companies.
- Investor confidence in India’s domestic consumption story and infrastructure push.
- Hopes that diplomatic back-channels between India and Pakistan might still avert a major escalation.
📌 Final Word
Today’s market action highlights how Indian equities can demonstrate resilience even amidst geopolitical volatility. However, experts caution that sustained gains will depend on how the India-Pakistan situation unfolds over the next few days.
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