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The Indian stock market started the week on a strong note as investors reacted positively to both global and local factors. In the first five minutes of trade on Monday, August 18, benchmark indices jumped sharply, adding nearly Rs 5 lakh crore to investor wealth. The Sensex opened at 81,315.79 against the previous close of 80,597.66 and quickly surged over 1,000 points (1.3%) to touch an intraday high of 81,619.59. The Nifty 50 also advanced 326 points (1.3%), opening at 24,938.20 and climbing to an intraday high of 24,957.55.
Global markets are showing optimism as hopes rise for a possible easing of the Russia-Ukraine conflict. Analysts believe peace talks or reduced tensions could help commodity prices stabilize and lower global inflation.
US President Donald Trump hinted at reviewing secondary tariffs on India, lifting investor confidence. This could ease trade concerns for Indian exporters in sectors like textiles, auto parts, and gems & jewellery, which depend heavily on the US.
Rating agency S&P raised India’s sovereign credit rating, citing strong fundamentals, steady demand, and fiscal discipline. This makes India more appealing to foreign institutional investors (FIIs), leading to more inflows into equities.
India is seeing steady GDP growth, healthy corporate earnings, and strong participation from retail investors. Experts say these factors are protecting Indian markets from global instability.
Foreign institutional investors have continued to buy stocks in recent trading sessions. With improving global risk appetite and India’s stable outlook, FIIs are increasing their investments in local equities.
Shares of automobile and consumer goods companies rose after PM Narendra Modi announced major GST changes on Independence Day. The plan includes scrapping the 12% and 28% tax brackets and moving most items into 5% and 18%.
Market specialists believe Indian stocks could touch new record highs soon, though global uncertainty may still cause swings.Markets are upbeat due to easing global pressures and strong local factors. “However, investors need to keep an eye on US trade policies and developments in global peace talks,” said a senior analyst from a Mumbai-based brokerage.
Sensex rise: +1,000 points (81,619.59 intraday high)
Nifty rise: +326 points (24,957.55 intraday high)
Investors gained nearly Rs 5 lakh crore within minutes of market opening.
The surge in Sensex and Nifty shows a mix of global relief and domestic confidence. The market has gained strong momentum as trade worries ease, global tensions calm, and India’s credit rating improves. Though volatility may return, experts say the near-term outlook remains positive.