Markets surge for second day; Sensex jumps 455 points, Nifty climbs 148 points
The Hindu
Sensex and Nifty surge on positive triggers as U.S. delays EU tariffs, with India's economy overtaking Japan.
Benchmark indices Sensex and Nifty surged on Monday (May 26, 2025) due to a host of positive triggers, as U.S. President Donald Trump delayed 50% EU tariffs to July 9, 2025.
The 30-share BSE benchmark gauge Sensex jumped 455.37 points or 0.56%, to settle at 82,176.45. During the day, it surged 771.16 points or 0.94%, to 82,492.24.
The NSE Nifty climbed 148 points or 0.60%, to 25,001.15.
The early arrival of the monsoon and the Reserve Bank announcing a record ₹2.69 lakh crore dividend to the government for FY25 also added to the optimistic trend in the markets, experts said.
From the Sensex firms, Mahindra & Mahindra, HCL Tech, Tata Motors, Nestle, ITC, Hindustan Unilever, Larsen & Toubro, and Tech Mahindra were the biggest gainers.
In contrast, Eternal, UltraTech Cement, Power Grid, Tata Steel and Kotak Mahindra Bank were among the laggards. Eternal dropped 4.51%.
The Reserve Bank on Friday (May 23, 2025) announced a record ₹2.69 lakh crore dividend to the government for FY25, 27.4% higher than 2023-24, helping the exchequer to tide over challenges posed by U.S. tariffs and increased spending on defence due to the conflict with Pakistan.
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