Tariff Tensions End: Stock Market Rally Earns Investors ₹23 Lakh Crore
The positive signals from Trump regarding the trade deal and the reduction in tariff rates are clearly impacting the market. The major market indices, Sensex and Nifty 50, are trading at record highs.
The agreement on the trade deal between US President Donald Trump and PM Modi, and the reduction in tariffs, sent the Indian market soaring today. After Monday, the market opened with a record surge on Tuesday. The Sensex saw a massive jump of 4200 points at the opening, which also boosted the BSE market capitalization. When the market closed on Monday, the market cap was ₹4,55,03,877.32 crore, which jumped to ₹4,78,12,017.96 crore at the market opening today, allowing investors to earn ₹23 lakh crore in a single stroke. The market rally continues. As of writing this news, the major market index Sensex is trading at 83,974.65, up by about 3 percent. Meanwhile, the Nifty 50 is also trading at around 25,812.65.
Share Market
In early trading, the stock market witnessed a broad-based rally, with all major sectoral indices of the Nifty trading in the green. Real estate stocks were the most buoyant, with the Nifty Realty index leading the way, rising by more than 4 percent. Besides this, strong buying was also seen in auto, infrastructure, consumer durables, IT, and metal sector stocks. Banking stocks also strengthened the market. The Nifty Private Bank traded with a gain of about 3 percent and the Nifty Bank with a gain of more than 2.5 percent, clearly reflecting a risk-on mood among investors. Financials and Adani Group stocks dominated the list of Nifty's top gainers. Adani Enterprises and Adani Ports were among the leading gainers, rising by nearly 9 percent and over 7 percent respectively. Bajaj Finance, Jio Financial Services, and Shriram Finance also witnessed sharp gains. Infosys and Dr. Reddy's Laboratories from the IT and pharma sectors also contributed to the market rally.
Gains were also seen yesterday
The increase in STT in Budget 2026 had turned what was expected to be a Super Sunday for stock market investors into a Deadly Sunday. But on Monday, the stock market took a sigh of relief. When the market closed, the Sensex had gained 950 points. This surge resulted in a profit of ₹4.59 lakh crore for investors.
