Indian Equities Hit 7-Month High; Nifty Soars Past 25,000 Mark, Sensex Crosses 82,500 Level
India’s equity markets surged nearly 1.5%, outperforming the broader indices on Thursday, reaching a seven-month high after U.S. President Donald Trump claimed that India had proposed a zero-tariff trade agreement with the United States.
At the closing bell, Nifty 50 ended higher, up by 1.6% at 25,062, and the Sensex advanced 1.48% to 82,530. Markets had remained subdued earlier in the day but gained momentum following Trump’s remarks. The Nifty 50 index recorded approximately 50 crore volume on Thursday. The Nifty 50 and Sensex rose about 3.5% in the previous four sessions and now it stands just 4.4% away from its all-time high.
The Bank Nifty index jumped over 1%, adding over 500 points to settle at 55,355. The fear gauge of India ended lower, below the 17-mark.
Tata Motors shares climbed 4%, contributing significantly to a nearly 2% gain in the Nifty Auto index. Jaguar Land Rover, its premium car division, sees the U.S. as its fastest-expanding market.
Trump’s statement, made during a meeting in Doha, suggested that India may remove tariffs entirely on U.S. products — a move seen as market-friendly.
The Nifty Auto index jumped by 1.92% on Thursday to a 5-month high. Hero Motocorp soared more than 6%, the most among the Auto stocks, pulling the Nifty Auto index up.
The key drivers of the index gains were:
On the other hand, these stocks weighed on the index:
The broader market indices ended in the green, with the Mid-cap and Small-cap 100 indices jumping by 0.7% and 0.54%, respectively, while all major sectoral indices ended in the positive territory.
As of May 15, 2025, the Indian stock market witnessed positive market breadth. Out of 2,942 stocks traded on the NSE, 1,980 advanced, 890 declined, and 72 remained unchanged.
A total of 59 stocks touched their 52-week highs, while 11 hit their 52-week lows. Additionally, 175 stocks were locked in their upper circuits, whereas 27 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.
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