Nifty reclaimed the crucial 25,000-mark after 141 trading sessions for the first time since October 17, 2024, adding a market cap of Rs 4.72 lakh crore on Thursday.
The equity benchmarks staged a sharp trend reversal on Thursday, with the Sensex soaring nearly 1,400 points and the Nifty reclaiming the 25,000-mark, as heavy buying in metal, auto, IT and realty counters lifted investor sentiment.
After opening on a weak note and falling over 500 points in early trade, the Sensex rebounded sharply to hit an intraday high of 82,718.14, surging 1,387.58 points or 1.7 percent. The broader Nifty jumped 442.45 points or 1.79 percent to 25,109.35.
The sharp upmove came amid a positive turn in global cues and renewed optimism over a potential India-US trade pact, with comments from US President Donald Trump bolstering investor morale.
Shares of Hero MotoCorp, JSW Steel, Tata Motors, Shriram Finance and HCL Technologies were among the top gainers on the Nifty, climbing up to 6 percent during the day.
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