Indian equity markets began the new week with strong momentum, reflecting optimism both at home and abroad. A positive global backdrop, coupled with renewed hope for a trade agreement between the United States and India, has boosted investor sentiment across sectors. The upbeat tone on Dalal Street was evident from the sharp opening gains in the benchmark indices.
At 9:30 am, the BSE Sensex advanced 306.28 points to 84,518.16, while the NSE Nifty50 gained 97.55 points to reach 25,892.70. Broader market indices also moved higher in early trade, showing widespread buying interest across mid-cap and small-cap segments. Although market volatility registered a mild increase, the overall tone remained strongly bullish, driven by a mix of global confidence and domestic resilience.
Market analysts pointed out that improving global conditions and easing trade tensions have set the stage for a rally in equities. According to Dr. V. K. Vijayakumar, Chief Investment Strategist at Geojit Investments, the international market environment is supportive. “The global market construct is bullish, with indices like the Dow Jones, Nikkei, and Kospi touching record highs. Investor sentiment worldwide remains positive, and there are visible signals of declining trade tensions,” he said.
Adding to the positive mood were remarks from U.S. Treasury Secretary Scot Bessent, who stated that a “substantial framework for trade negotiations with China” is in place. His comments have heightened expectations of a breakthrough in the U.S.–China trade dialogue. Analysts believe that any progress in these talks could boost global trade activity and strengthen investor risk appetite, particularly benefiting emerging markets such as India, which stand to gain from improved capital flows and trade stability.
On the domestic front, the fundamentals appear to be improving. Strong festival season sales have indicated robust consumer demand, while reports of a revival in private sector capital expenditure suggest a rebound in corporate confidence. Vijayakumar observed that this long-awaited recovery in investment and consumption could mark a turning point for India’s economic growth trajectory, adding further strength to market valuations.
Technical experts also see potential for further gains. Anand James, Chief Market Strategist at Geojit Investments, noted that market conditions are favourable for benchmark indices to touch new record highs. “An important feature of this rally is the role of short covering, which continues to drive momentum. As long as this trend persists, the Nifty and Sensex could extend their upward trajectory,” he said.
From a charting perspective, analysts pointed out that the formation of a morning star pattern on Friday suggests a likely continuation of the bullish trend. The Nifty is expected to target 26,186 in the near term if it successfully sustains above the critical resistance zone of 25,940–26,000. However, a failure to break through that zone could result in a minor correction toward the 25,590–25,400 range before the next leg of the rally resumes.
Overall, the sentiment in the Indian stock market remains upbeat, supported by both global optimism and improving domestic indicators. Investors are displaying renewed confidence as easing trade tensions, encouraging economic data, and strong corporate performance align to sustain market momentum. For now, the bulls appear firmly in control, and Dalal Street continues to ride the wave of optimism.
