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Indian Stock Market Recovers with Gains Amid Global Sentiment

The Indian stock market experienced a notable recovery on Thursday, with the Sensex and Nifty 50 both closing higher after a turbulent trading session. Investors gained over ₹5 lakh crore as market capitalization rose significantly. Key sectors like Realty and Media showed strong performance, while experts noted cautious optimism ahead of TCS's earnings report. The market's resilience is attributed to improved global sentiment and domestic factors, despite ongoing inflation concerns from the US Federal Reserve. Read on to explore the detailed analysis of market movements and expert insights.
 

Market Overview


On Thursday, the Indian stock markets rebounded, closing higher following a turbulent session triggered by US President Donald Trump's ceasefire announcement. The Sensex concluded the day at 76,741.82, marking an increase of 238 points or 0.31%. Meanwhile, the Nifty 50 rose by 81 points, or 0.34%, finishing at 23,962.80. Investors collectively gained over ₹5 lakh crore in just one trading session, as the total market capitalization of BSE-listed companies surged from ₹471.2 lakh crore to ₹476.4 lakh crore.


Among the prominent sectors, Realty saw a notable rise of 3.54%, followed by Media at 2.09%, Consumer Durables at 1.68%, PSU Banks at 1.62%, and Healthcare at 1%. Ankur Punj, Managing Director and Business Head at Equirus Wealth, commented, “The markets closed higher after the previous day's decline, although the gains were somewhat limited due to profit-taking in the latter part of the session. The recovery in various global indices positively influenced local market sentiment, but investors remained cautious ahead of TCS's quarterly earnings report later in the day. Traders are likely to monitor fluctuations in global crude oil prices and currency movements, particularly after the US's decision to end the ceasefire with Iran.”


Vinod Nair, Head of Research at Geojit Investments Limited, noted, "The Indian equity markets experienced a moderate recovery, supported by favorable global cues, although investors stayed alert to geopolitical developments that had caused the previous day's sell-off. The rebound was primarily driven by mid- and small-cap stocks, with realty and PSU banks showing strong recovery after recent corrections. Domestically, market sentiment appears relatively robust, bolstered by an improved outlook for the second half of the year, better rainfall conditions, and attractive valuation levels. However, the latest minutes from the US Federal Reserve raised new inflation concerns, which could impact global market performance."