The 30-share BSE benchmark gauge Sensex jumped 455.37 points or 0.56%, to settle at 82,176.45. During the day, it surged 771.16 points or 0.94% to 82,492.24. File
| Photo Credit: The Hindu
Benchmark indices Sensex and Nifty surged on Monday (May 26, 2025) due to a host of positive triggers, as U.S. President Donald Trump delayed 50% EU tariffs to July 9, 2025.
The 30-share BSE benchmark gauge Sensex jumped 455.37 points or 0.56%, to settle at 82,176.45. During the day, it surged 771.16 points or 0.94%, to 82,492.24.
The NSE Nifty climbed 148 points or 0.60%, to 25,001.15.
The early arrival of the monsoon and the Reserve Bank announcing a record ₹2.69 lakh crore dividend to the government for FY25 also added to the optimistic trend in the markets, experts said.
From the Sensex firms, Mahindra & Mahindra, HCL Tech, Tata Motors, Nestle, ITC, Hindustan Unilever, Larsen & Toubro, and Tech Mahindra were the biggest gainers.
In contrast, Eternal, UltraTech Cement, Power Grid, Tata Steel and Kotak Mahindra Bank were among the laggards. Eternal dropped 4.51%.
The Reserve Bank on Friday (May 23, 2025) announced a record ₹2.69 lakh crore dividend to the government for FY25, 27.4% higher than 2023-24, helping the exchequer to tide over challenges posed by U.S. tariffs and increased spending on defence due to the conflict with Pakistan.
“The U.S. decision to consider extending the deadline for imposing aggressive tariffs on the EU, coupled with a decline in the dollar index, contributed to a rebound in the domestic equity markets. These developments suggest that trade negotiations are progressing constructively, which could help moderate market volatility.
“Additionally, the early onset of the southwest monsoon and a decline in domestic bond yields have encouraged investors to maintain their focus on riskier assets,” Vinod Nair, Head of Research, Geojit Investments Limited, said.
In Asian markets, South Korea’s Kospi and Japan’s Nikkei 225 index settled in the positive territory, while Shanghai’s SSE Composite index and Hong Kong’s Hang Seng ended lower.
Markets in Europe were trading higher in mid-session deals. U.S. markets ended lower on Friday (May 23, 2025).
Foreign Institutional Investors (FIIs) bought equities worth ₹1,794.59 crore on Friday (May 23, 2025), according to exchange data.
The southwest monsoon hit Kerala on Saturday (May 24, 2025), marking its earliest arrival over the Indian mainland since 2009 when it reached the southern state on May 23, the India Meteorological Department (IMD) said.
Global oil benchmark Brent crude climbed 0.17% to $64.89 a barrel.
On Friday (May 23, 2025), the 30-share BSE benchmark surged 769.09 points or 0.95%, to settle at 81,721.08. The Nifty rallied 243.45 points or 0.99%, to 24,853.15.
Published – May 26, 2025 04:57 pm IST