Indian stock markets made a muted start on Monday, with both benchmark indices opening flat as investor sentiment remained weak amid ongoing uncertainty around the India-US trade deal.
The BSE Sensex surged 1,046.30 points to settle at 82,408.17, while the NSE Nifty jumped 319.15 points, ending the day at 25,112.40. Among the Nifty 50 constituents, 44 stocks ended in the green, with only 6 closing in the red, indicating broad-based market strength.
The BSE Sensex opened 237.77 points higher at 81,599.63, while the NSE Nifty gained 77.55 points, beginning the session at 24,870.80. This upward momentum came even as concerns over the ongoing Israel-Iran conflict weighed on global market sentiment.
Indian stock markets remained closed on Thursday, May 1, in observance of Maharashtra Day. Both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) suspended trading for the day.
Indian stock markets started the fresh week on a strong note, supported by positive foreign fund inflows and the visit of US Vice President J D Vance to India.
The Indian stock markets are showing resilience as compared to Asian peers. However, it opens in negative on Friday, the second day following the announcement of new tariffs by U.S. President Donald Trump.
The BSE Sensex slipped 69.91 points, opening at 76,278.16, while the NSE Nifty declined 22.40 points, starting at 23,168.25. Despite the negative opening, market breadth remained mixed, with 31 Nifty companies advancing and 19 declining.
The BSE Sensex soared by 899.02 points, closing at 76,348.06, while the NSE Nifty climbed 283.05 points, ending at 23,190.65. The overall market breadth remained positive, with 44 Nifty companies advancing, four declining, and two remaining unchanged.
Indian stock markets started the week on a weak note, continuing their downward trend on Monday as investors reacted to muted third-quarter (Q3) earnings. Both benchmark indices opened in the red, reflecting market caution and global pressures.