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4w ago

Indian Stock Market Surges as Sensex and Nifty 50 Post Major Gains

Real estate and banking stocks drive a robust rally, supported by foreign investments and optimism over potential RBI rate cuts.

BSE Sensex shot up after weeks of uncertainty. (File)
Stock market rally: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.
Sensex, Nifty 50 today: All of the Sensex stocks were in the green.
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Overview

  • The BSE Sensex climbed 742.86 points (0.97%) to 77,648.37, and the NSE Nifty 50 rose 224.90 points (0.96%) to 23,575.30 on March 24, 2025.
  • Nifty Realty and Nifty Bank indices led the rally, with gains of 2.17% and 2.01%, reaching 881.55 and 51,611.00 points respectively.
  • Top-performing Sensex stocks included NTPC, which increased by 2.15% to ₹358.70, along with Tata Motors and Power Grid Corporation of India.
  • Foreign Institutional Investors (FIIs) were net buyers of ₹7,470.36 crore worth of equities, while Domestic Institutional Investors (DIIs) sold ₹3,202.26 crore worth.
  • Declining global oil prices and expectations of a rate cut in the RBI's upcoming Monetary Policy Committee meeting bolstered market confidence.