Surprising Surge: How India's Market Rebounded Significantly!
Breaking three-day loss streak, Sensex gains 500+ points driven by India's robust GDP growth of 7.8% in Q1 FY26, sparking investor optimism.
In an unexpected turn of events, Indian stock markets broke their losing streak as the Sensex sky-rocketed over 500 points, taking it past the 80,000 mark. The Nifty 50 wasn’t left behind as it climbed 176 points, settling above a promising 24,600.
Economic Surge & Investor Enthusiasm
What led to this cause for celebration? India’s staggering 7.8% GDP growth in Q1 FY26 (April–June) astonished analysts and boosted investor confidence. The economy hasn’t seen such numbers in five quarters, effortlessly surpassing the Reserve Bank of India’s expectations of 6.5%. This economic resilience, especially in manufacturing and construction, has been a beacon of hope.
Leaders in Global Geopolitical Changes
On the global stage, Prime Minister Modi’s engagement at the SCO Summit in China with leaders like Xi Jinping and Vladimir Putin spurred hopes of renewed diplomatic and economic ties within Asia.
The Relief of Tariff Reversals
The U.S. appeals court ruling that overturned many of Trump’s tariffs also brought relief. This development is seen as a potential thaw in trade tensions, underscoring optimism not just regionally but globally. “Global trade reversals could add layers of complexity but also intrigue to stock movements,” noted VK Vijayakumar of Geojit Investments Limited.
Sustained Momentum
As speculation intensifies around GST reforms, there’s wide anticipation that there’s more upward momentum in store for markets. “With increased liquidity flow into mutual funds, we are poised to witness continued market support and growth,” Vijayakumar adds with confidence.
Feel the pulse of global markets with real-time updates from Times Now. Catch all breaking news and the latest developments in the world of business and finance. According to Times Now, source your business insights from the best.
