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Indian Stock Market Soars: Nifty Surges Past 25,000, 92 Stocks Hit 52-Week High
Mumbai, India – In a remarkable rally, the Indian stock market closed with significant gains on Thursday, as the Nifty 50 breached the 25,000 mark, climbing 1.6% (395 points), while the Sensex surged 1,200 points (1.48%) to finish at 82,530.74—marking its highest level in nearly seven months.
A total of 92 stocks reached their 52-week highs, including major names such as APL Apollo Tubes Ltd, Bharat Electronics Ltd, Dalmia Bharat Ltd, ICICI Bank Ltd, Max Financial Services Ltd, Shree Cement Ltd, and Solar Industries India Ltd.
In contrast, 28 stocks hit their 52-week lows, including Spectrum Electrical Industries Ltd, Ratnabhumi Developers Ltd, and Wendt (India) Ltd.
🚀 What’s Fueling the Market Rally?
Analysts attribute the bullish sentiment to multiple global and domestic factors. One major trigger was a statement by US President Donald Trump, who indicated that India had proposed a zero-tariff trade deal with the United States—boosting market optimism about improving bilateral trade relations.
According to Vaibhav Vidwani, Research Analyst at Bonanza Portfolio, the rally was further supported by:
- Declining crude oil and gold prices
- Robust foreign institutional investor (FII) inflows
- A weakening US dollar
- Easing inflation data, which increases the likelihood of RBI rate cuts
These developments added ₹5 lakh crore to overall market capitalization, reflecting widespread investor confidence.
📊 Nifty 50 Technical Outlook
Rupak De, Senior Technical Analyst at LKP Securities, noted a breakout from recent consolidation, which has opened the path for Nifty to potentially reach 25,690 in the short term.
“Immediate resistance lies at 25,360. A close above this level could trigger further upside,” he said. “On the downside, 24,400 is seen as strong support. As long as this level holds, buy-on-dips remains the favored strategy.”
Investors now await the upcoming Federal Reserve Chair’s speech, which is expected to offer more clarity on global monetary policy, particularly after signs of easing inflation in the US.
