Equity benchmark indices ended higher on Monday as investor sentiment strengthened following the US Supreme Court’s decision striking down sweeping tariffs imposed by President Donald Trump, with domestic sectors leading the rally.The NSE Nifty rose 141.75 points, or 0.55 per cent, to close at 25,713 after touching an intraday high of 25,771.45, up 200.2 points or 0.78 per cent. The BSE Sensex climbed 479.95 points, or 0.58 per cent, to settle at 83,294.66, having earlier surged 671.44 points to an intraday peak of 83,486.15.Gains were driven primarily by PSU banks, auto and financial stocks as investors responded positively to easing global trade uncertainty.
Nifty50 top gainers
- Adani Ports and Special Economic Zone (+2.94%)
- Kotak Mahindra Bank (+2.22%)
- Dr. Reddy’s Laboratories (+2.11%)
- HDFC Life Insurance Company (+1.90%)
- Nestlé India (+1.65%)
- UltraTech Cement (+1.65%)
- Power Grid Corporation of India (+1.48%)
- Grasim Industries (+1.44%)
- SBI Life Insurance Company (+1.43%)
- Adani Enterprises (+1.40%)
- Axis Bank (+1.35%)
Nifty50 top losers
- Kwality Wall’s (-2.82%)
- Hindalco Industries (-2.09%)
- Infosys (-1.90%)
- Wipro (-1.90%)
- Tech Mahindra (-1.10%)
- Cipla (-1.09%)
- Oil and Natural Gas Corporation (-1.08%)
- Trent Limited (-0.89%)
- HCL Technologies (-0.72%)
- Eternal Limited (-0.54%)
- ITC Limited (-0.49%)
Sensex top gainers
- Adani Ports and Special Economic Zone (+2.94%)
- Kotak Mahindra Bank (+2.22%)
- UltraTech Cement (+1.65%)
- Power Grid Corporation of India (+1.48%)
- Axis Bank (+1.35%)
- Hindustan Unilever (+1.34%)
- HDFC Bank (+1.29%)
- Mahindra & Mahindra (+1.01%)
- Bharti Airtel (+1.01%)
- State Bank of India (+0.97%)
Sensex top losers
- Infosys (-1.90%)
- Tech Mahindra (-1.10%)
- Trent Limited (-0.89%)
- HCL Technologies (-0.72%)
- Eternal Limited (-0.54%)
- ITC Limited (-0.49%)
- Tata Consultancy Services (-0.37%)
- Bajaj Finserv (-0.34%)
“The US Supreme Court’s ruling against Trump’s reciprocal tariff policy was welcomed by domestic markets. Investors are awaiting more clarity on Trump’s revised strategy and the scope of renegotiations by other nations,” said Vinod Nair, Head of Research, Geojit Investments Ltd, PTI quoted.He added that a weaker US dollar and declining 10-year Treasury yields could introduce near-term caution in global markets.“Sectorally, the IT index faced pressure from unresolved concerns over AI-driven disruption. Nonetheless, investors favoured domestic themes, with banks, power, FMCG, and consumer discretionary stocks gaining traction on expectations of resilient demand and economic recovery,” Nair said.Asian markets closed higher, with Hong Kong’s Hang Seng jumping 2.53 per cent and South Korea’s Kospi rising nearly 1 per cent, while markets in Japan and mainland China remained shut for holidays.European markets traded mixed in mid-session deals. Germany’s DAX slipped 0.44 per cent, while Paris’ CAC 40 and London’s FTSE 100 were largely flat.Brent crude, the global oil benchmark, declined 0.38 per cent to USD 71.49 per barrel.Foreign Institutional Investors (FIIs) sold equities worth Rs 934.61 crore on Friday, while domestic institutional investors bought shares worth Rs 2,637.15 crore, according to exchange data.In the previous session on Friday, the BSE Sensex had gained 316.57 points to close at 82,814.71, while the NSE Nifty rose 116.90 points to settle at 25,571.25.
