Overview

• The S&P BSE Sensex rose 378.76 points to 80,620.60, while the NSE Nifty50 climbed 78.75 points to 24,412.95 as of May 2, 2025.
• Markets opened strong, with the Sensex surging over 500 points shortly after trading began, led by auto, tech, and Adani Group stocks.
• Adani Ports emerged as the top gainer, with its shares jumping 4% at market open, alongside gains from Maruti Suzuki, Axis Bank, Hindalco, and Trent.
• Investor sentiment was bolstered by reports of progress in US-India trade talks, which are expected to strengthen economic ties between the two nations.
• Sustained foreign institutional inflows, easing inflation, and expectations of Reserve Bank of India rate cuts continue to support the market rally.