The Indian stock market gained strength once again. On Thursday, the Nifty index crossed the 25,000 mark, bringing cheer to investors. While the market moved up and down till the afternoon, it surged later as buying activity increased among investors.

Key Highlights:

• Sensex jumped by 1,200 points, closing at 82,530.
• Nifty rose by 395 points, ending at 25,062.
• This is the highest level in the past 7 months.
• In just two days, the market capitalization increased by ₹9 lakh crore.

Why did the market rise?

Former U.S. President Donald Trump made a statement that import duties on goods from India might be reduced. This raised hopes of a trade agreement between India and the U.S., boosting investor confidence. As a result, investors bought shares in large numbers, pushing the indices higher.

FII and DII Activity:

• Foreign Institutional Investors (FIIs) bought shares worth ₹5,393 crore.
• Domestic Institutional Investors (DIIs) sold shares worth ₹1,668 crore.

Sector Performance:

Realty, auto, metal, consumer goods, and services sectors gained up to 1.8%. Small and mid-cap companies also performed well.

Rupee Movement:

The Indian rupee weakened by 22 paise against the U.S. dollar, closing at ₹85.54. This was mainly due to increased demand for dollars from importers.

Gold and Silver Prices Fall:

• In Delhi, 10 grams of gold dropped by ₹1,800 to ₹95,050.
• 1 kg of silver declined by ₹1,000, now priced at ₹97,000.
• Global gold and silver prices also saw slight declines.

Overall:

The stock market is once again showing strong momentum. Hopes of trade deals and increased buying activity have brought back investor interest. Many who were waiting on the sidelines are now showing renewed enthusiasm.