Indian stock markets ended the day on a strong note, following global cues after the U.S. Federal Reserve delivered its first interest rate cut of 2025. The Fed reduced its policy rate by 25 basis points, sparking optimism across global markets. For India, this move is particularly favorable, as lower U.S. rates make emerging markets more attractive to foreign investors.
The Sensex climbed 320 points, or 0.39%, to close at 83,013.96, while the Nifty50 rose 95 points, or 0.37%, to end at 25,423.60. Broader indices, including mid-caps and small-caps, also posted gains, adding to the positive sentiment.
Sectors that stood out included information technology and pharmaceuticals, both of which rallied strongly. Infosys, HCL Tech, Sun Pharma, and Cipla emerged as the day’s top gainers, reflecting global investor interest in defensive sectors. On the other hand, companies like Tata Motors, UltraTech Cement, Bajaj Finance, and Coal India witnessed selling pressure.
Market analysts highlighted that while today’s rally is encouraging, the Nifty continues to face resistance near 25,500. Key support levels are being watched closely around 25,300. The India VIX dropped, signaling reduced volatility and improved investor confidence.
Overall, the day reflected optimism around global economic trends, but experts cautioned that upcoming U.S. inflation data and India’s quarterly earnings season will play a key role in shaping market direction in the near term.