Stock Market LIVE: Sensex surges 400 pts, Nifty nears 25,000 mark

The Indian stock market started the week on a strong note as the Sensex jumped over 400 points and the Nifty climbed above 24,900 during early trading hours on Monday. This rally brought a wave of optimism among investors, driven by strong global cues and solid buying in key sectors.

Stock Market LIVE Updates: What’s Driving the Rally?

Experts say the positive movement in the market is due to:

  • Strong performance in global markets
  • Buying interest in energy, banking, and auto stocks
  • Optimism ahead of corporate earnings results

Traders also remain hopeful due to lower inflation fears and stability in crude oil prices.

Sensex Gains: Which Stocks Are Leading the Market?

Among the top performers in the Sensex today is NTPC, which saw a 2% jump in early trade. The rise comes after expectations of strong quarterly numbers and growing investor confidence in the power sector.

Other gainers include:

  • HDFC Bank
  • Reliance Industries
  • L&T
  • Tata Steel

These heavyweight stocks have pushed the benchmark index higher.

Eternal Drops 2%: What Went Wrong?

While most stocks are in the green, Eternal Ltd. faced a 2% fall despite a strong market. Analysts believe this may be due to profit booking or disappointing company-specific news. Investors are advised to stay cautious and monitor company updates.

Nifty Nears 25,000: Will It Cross the Milestone?

The Nifty 50 index reaching 24,900 is a sign of strong investor sentiment. If the trend continues, the index might touch the 25,000 mark soon. Technical experts believe the next resistance could be near 25,050.

Market Outlook: What Investors Should Watch

  • Upcoming Q1 earnings reports
  • Global economic data and US Fed decisions
  • Sector-wise performance, especially in IT and FMCG

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FAQs

Q1. Why did the Sensex rise today?
A: Due to global market strength and sector-wise buying.

Q2. Which stock gained the most?
A: NTPC gained around 2% in early trading.

Q3. Why did Eternal’s stock fall?
A: Likely due to profit booking or weak internal news.

Q4. What is the current level of Nifty?
A: Nifty is trading above 24,900 and may soon cross 25,000.

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