🔺 Indian Markets Jump on Global Relief Rally

• Nifty50 surged 2.19% to close at 22,328

• Sensex rallied 1,577 points (2.1%), closing at 76,734

• India VIX dropped nearly 20% to 16.13 – signaling improved investor confidence

• Market cap of BSE-listed firms grew by ₹10.8 lakh crore to ₹412.34 lakh crore

🔑 6 Reasons Why Markets Rallied Today:

🇺🇸 1. US Tariff Exemptions Spark Global Relief

• Trump exempted smartphones, computers, and electronics from planned tariffs

• Temporary pause on broader tariff implementation (90 days) boosted global markets

🏦 2. Banking Stocks Boosted by Rate Cuts

• Banks cut deposit rates, easing margin pressure

• Major gainers:

  • HDFC Bank (+3%)

  • ICICI Bank (+6.8%)

  • Axis Bank (+4.2%)

• Together, 4 banks added 750 points to Sensex

🚗 3. Auto Stocks Rev Up on Tariff Relief Hopes

• Nifty Auto index jumped 3.4%

• Big movers:

  • Samvardhana Motherson (+8%)

  • Bharat Forge, Balkrishna Industries (+7%+)

  • Tata Motors (+4.6%), thanks to JLR’s U.S. exposure

• Trump hinted at revising 25% auto tariffs

💵 4. Weak Dollar Helps Emerging Markets

• Dollar index fell to 99.65

• Weaker dollar =

  • Better foreign inflows

  • Less pressure on the rupee

  • Gains in currency-sensitive sectors like metals

🌏 5. Global Markets in Sync

• Positive cues from Asian and European markets

  • STOXX 600 +0.8%

  • Germany’s DAX +1.3%

  • Nikkei +0.8%

  • MSCI Asia-Pacific +1%

🛢️ 6. Falling Crude Eases Inflation Fears

• Brent crude below $65/barrel

• Lower oil =

  • Less inflation

  • Reduced current account pressure

  • Positive for India (a major oil importer)