May 25: Indian stock markets ended sharply higher on Monday, with the Sensex surging more than 1,000 points and the Nifty reclaiming the 24,000 mark amid improving global sentiment and optimism surrounding possible progress in US-Iran discussions.
The Sensex climbed 1,073 points to close at 76,488.96, while the Nifty gained over 312 points to settle at 24,031.70. The rally was supported by strong buying across banking, financial, and infrastructure stocks.
Market sentiment improved after signs of easing geopolitical tensions in West Asia boosted investor confidence globally. Softer crude oil prices and stronger risk appetite also contributed to positive momentum in domestic equities.
Broader markets also ended in positive territory, with mid-cap and small-cap indices recording gains during the session. Banking stocks emerged as the top performers, while sectors such as IT, FMCG, and healthcare posted comparatively moderate gains.
Meanwhile, the Indian rupee strengthened against the US dollar, supported by easing pressure on crude oil prices and improved investor sentiment in financial markets.