The Indian stock market witnessed a strong rebound on Wednesday as both benchmark indices surged, driven by foreign investor buying and renewed optimism over ongoing India-US trade talks.
At 10:30 a.m., the Sensex rose 491.16 points or 0.61% to 81,592.48, while the Nifty advanced 152.40 points or 0.61% to 25,021.00, marking the first time in more than two weeks that the index has crossed the 25,000 milestone.
IT Stocks Lead Market Gains
The rally was largely supported by IT and banking counters, which saw strong buying interest. HCL Tech, TCS, Tech Mahindra, Infosys, Larsen & Toubro, and Kotak Mahindra Bank emerged as key gainers, pushing the indices higher.
Market experts pointed out that the return of FIIs as net buyers after several days of selling has boosted confidence and added momentum to the rally.
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Optimism Over India-US Trade Talks
One of the strongest triggers for today’s market movement was optimism around the upcoming trade negotiations between India and the United States.
US President Donald Trump said he was “certain” there would be “no difficulty” in reaching a “successful conclusion” to trade talks with India. He added that he looked forward to speaking with Prime Minister Narendra Modi in the coming weeks.
PM Modi, in his response, said the discussions would help “unlock the partnership’s potential.” Analysts believe this positive exchange between the two leaders has strengthened investor sentiment and supported the market uptrend.
“President Trump’s initiative to improve India-US relations and PM Modi’s positive response are major positives for the market today,” said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
What’s Next for the Market?
Technical experts remain optimistic but cautious. According to Anand James, Chief Market Strategist at Geojit Financial Services, the 24,870 level had been a strong resistance in recent sessions. With today’s breakout, oscillators point towards further upside.
James added that the next target could extend towards 25,400, but if the index fails to sustain above 25,100 or slips below 24,700, the rally may face delays.
Conclusion
The day’s rebound highlights how global cues, strong foreign inflows, and diplomatic developments can swiftly shift market sentiment. With Sensex climbing nearly 500 points and Nifty reclaiming 25,000, investors are now watching closely how India-US trade talks unfold and whether the momentum can carry the market towards fresh highs.
