Indian equity benchmarks opened the week on a positive note on Monday, supported by improved clarity on the India–US interim trade framework, easing geopolitical concerns, and strengthening domestic fundamentals.
As of 9:25 am, the BSE Sensex was up 370 points, or 0.44 per cent, at 83,950, while the NSE Nifty 50 advanced 117 points, or 0.46 per cent, to trade near 25,811.
Broader markets outperformed the frontline indices, reflecting improving risk appetite. The Nifty Midcap 100 gained 0.66 per cent, while the Nifty Smallcap 100 rose 0.85 per cent.
All sectoral indices were trading in the green. PSU banks led the rally, climbing 2.45 per cent, followed by metal stocks, which gained 1.56 per cent.
According to market participants, immediate support for the Nifty is seen in the 25,550–25,600 range, while resistance is placed at 25,850–25,900.
Analysts noted that the India–US trade agreement has removed a major overhang, improved export visibility, and sparked renewed interest from foreign institutional investors (FIIs). The Reserve Bank of India’s decision to keep the repo rate unchanged, along with its neutral policy stance, has further bolstered confidence. Expectations of benign inflation in FY26 and a steady growth outlook continue to reinforce macroeconomic stability.
Additional support is coming from easing fears of a potential US–Iran conflict, robust domestic institutional inflows, a stabilising rupee, and sustained momentum in Budget-led capital expenditure themes.
Overall market sentiment has turned constructive, with investors closely tracking the durability of FII inflows and early signs of recovery in export-oriented sectors.
Asian markets also traded higher, mirroring global optimism. China’s Shanghai Composite rose 1.17 per cent, while the Shenzhen index climbed 2.07 per cent. Japan’s Nikkei surged 4.27 per cent, Hong Kong’s Hang Seng advanced 1.61 per cent, and South Korea’s Kospi jumped 4.17 per cent.
US markets closed firmly in the green in the previous session. The Nasdaq gained 2.18 per cent, the S&P 500 rose 1.97 per cent, and the Dow Jones Industrial Average added 2.47 per cent, providing strong cues for Asian equities.