{"id":23439,"date":"2026-03-25T16:47:29","date_gmt":"2026-03-25T11:17:29","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=23439"},"modified":"2026-03-25T18:16:10","modified_gmt":"2026-03-25T12:46:10","slug":"is-this-the-start-of-a-bigger-bull-market","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/is-this-the-start-of-a-bigger-bull-market\/","title":{"rendered":"Is This the Start of a Bigger Bull Market \u2014 Or a Short-Lived Rally Driven by Ceasefire Optimism?"},"content":{"rendered":"<p data-section-id=\"zc8lhf\" data-start=\"423\" data-end=\"526\"><span role=\"text\">Bull Run Extends: Sensex Soars 1,200 Points, Nifty Crosses 23,300 \u2014 But Hidden Risks Still Linger<\/span><\/p>\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"1962\" data-end=\"2241\">\n<thead data-start=\"1962\" data-end=\"2007\">\n<tr data-start=\"1962\" data-end=\"2007\">\n<th class=\"\" data-start=\"1962\" data-end=\"1970\" data-col-size=\"sm\">Index<\/th>\n<th class=\"\" data-start=\"1970\" data-end=\"1986\" data-col-size=\"sm\">Closing Level<\/th>\n<th class=\"\" data-start=\"1986\" data-end=\"1995\" data-col-size=\"sm\">Change<\/th>\n<th class=\"\" data-start=\"1995\" data-end=\"2007\" data-col-size=\"sm\">% Change<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"2052\" data-end=\"2241\">\n<tr data-start=\"2052\" data-end=\"2095\">\n<td data-start=\"2052\" data-end=\"2063\" data-col-size=\"sm\">Nifty 50<\/td>\n<td data-col-size=\"sm\" data-start=\"2063\" data-end=\"2075\">23,306.45<\/td>\n<td data-col-size=\"sm\" data-start=\"2075\" data-end=\"2085\"><span style=\"color: #339966;\">+394.05<\/span><\/td>\n<td data-col-size=\"sm\" data-start=\"2085\" data-end=\"2095\"><span style=\"color: #339966;\">+1.72%<\/span><\/td>\n<\/tr>\n<tr data-start=\"2096\" data-end=\"2139\">\n<td data-start=\"2096\" data-end=\"2105\" data-col-size=\"sm\">Sensex<\/td>\n<td data-col-size=\"sm\" data-start=\"2105\" data-end=\"2117\">75,273.45<\/td>\n<td data-col-size=\"sm\" data-start=\"2117\" data-end=\"2129\"><span style=\"color: #339966;\">+1,205.00<\/span><\/td>\n<td data-col-size=\"sm\" data-start=\"2129\" data-end=\"2139\"><span style=\"color: #339966;\">+1.63%<\/span><\/td>\n<\/tr>\n<tr data-start=\"2140\" data-end=\"2187\">\n<td data-start=\"2140\" data-end=\"2153\" data-col-size=\"sm\">Nifty Bank<\/td>\n<td data-col-size=\"sm\" data-start=\"2153\" data-end=\"2165\">53,708.10<\/td>\n<td data-col-size=\"sm\" data-start=\"2165\" data-end=\"2177\"><span style=\"color: #339966;\">+1,102.45<\/span><\/td>\n<td data-col-size=\"sm\" data-start=\"2177\" data-end=\"2187\"><span style=\"color: #339966;\">+2.10%<\/span><\/td>\n<\/tr>\n<tr data-start=\"2188\" data-end=\"2241\">\n<td data-start=\"2188\" data-end=\"2209\" data-col-size=\"sm\">Nifty Fin Services<\/td>\n<td data-col-size=\"sm\" data-start=\"2209\" data-end=\"2221\">25,056.35<\/td>\n<td data-col-size=\"sm\" data-start=\"2221\" data-end=\"2231\"><span style=\"color: #339966;\">+574.15<\/span><\/td>\n<td data-col-size=\"sm\" data-start=\"2231\" data-end=\"2241\"><span style=\"color: #339966;\">+2.35%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p data-section-id=\"1f4sz1a\" data-start=\"528\" data-end=\"619\"><span role=\"text\">Markets extend second-day rally as ceasefire hopes and falling crude boost sentiment<\/span><\/p>\n<p data-start=\"621\" data-end=\"965\">Indian equity markets delivered a powerful rebound on March 25, with benchmark indices extending gains for a second consecutive session. The <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">BSE Sensex<\/span><\/span> surged 1,205 points (1.63%) to close at 75,273.45, while the <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Nifty 50<\/span><\/span> climbed 394 points (1.72%) to settle at 23,306.45.<\/p>\n<p data-start=\"967\" data-end=\"1218\">The rally was largely driven by easing crude oil prices, improving global cues, and rising optimism around a potential US\u2013Iran ceasefire, which collectively helped reduce macroeconomic concerns for India\u2014one of the world\u2019s largest crude importers.<\/p>\n<p data-start=\"1220\" data-end=\"1479\">This marks a sharp turnaround after recent market weakness, with indices gaining over 3.5% in just two sessions, even as they remain down nearly 7.4%\u20137.6% for the month, reflecting earlier pressure from rising oil prices and foreign investor outflows.<\/p>\n<p data-start=\"1327\" data-end=\"1520\">Also Check :<\/p>\n<ul>\n<li><a href=\"https:\/\/www.niftytrader.in\/nifty50-contributors\">Nifty 50<\/a><\/li>\n<li><a href=\"https:\/\/www.niftytrader.in\/nifty-bank-contributors\">Bank Nifty<\/a><\/li>\n<li><a href=\"https:\/\/www.niftytrader.in\/stocks-price\/bse\">Sensex<\/a><\/li>\n<\/ul>\n<p><iframe loading=\"lazy\" title=\"US-Iran Ceasefire &amp; Market Rally! \ud83d\udd25 Kyun aayi achanak itni badi buying?\" width=\"563\" height=\"1000\" src=\"https:\/\/www.youtube.com\/embed\/drnQ7tc3XYU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2 data-section-id=\"qfzkrh\" data-start=\"1486\" data-end=\"1565\"><span role=\"text\">Intraday momentum remains strong as markets rally broadly across sectors<\/span><\/h2>\n<p data-start=\"1567\" data-end=\"1736\">Markets opened on a strong note and maintained upward momentum throughout the session, supported by broad-based buying across sectors and market capitalisation segments.<\/p>\n<p data-start=\"1738\" data-end=\"1929\">At one point during the session, the Sensex surged nearly 1,383 points, while the Nifty touched an intraday high of 23,465.35, before witnessing mild profit booking in the final hour.<\/p>\n<p data-start=\"1738\" data-end=\"1929\">Read More : <a href=\"https:\/\/www.niftytrader.in\/markets\/finance-bill-2026-passed\/\">Finance Bill 2026 Passed \u2014 Higher Appeal Limits and Longer Return Window Signal Big Shift in Tax Compliance<\/a><\/p>\n<p data-start=\"2243\" data-end=\"2356\">Broader markets outperformed headline indices, with midcap and smallcap stocks witnessing strong buying interest.<\/p>\n<h2 data-section-id=\"bm9bf2\" data-start=\"2363\" data-end=\"2443\"><span role=\"text\">Broad-based buying lifts market breadth as all sectors close in the green<\/span><\/h2>\n<p data-start=\"2445\" data-end=\"2574\">A key highlight of today\u2019s rally was the broad participation across sectors, indicating strong risk appetite among investors.<\/p>\n<h3 data-section-id=\"f4t4qx\" data-start=\"2576\" data-end=\"2607\"><span role=\"text\">Top sectoral performers<\/span><\/h3>\n<div class=\"TyagGW_tableContainer\">\n<div class=\"group TyagGW_tableWrapper flex flex-col-reverse w-fit\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"2609\" data-end=\"2751\">\n<thead data-start=\"2609\" data-end=\"2626\">\n<tr data-start=\"2609\" data-end=\"2626\">\n<th class=\"\" data-start=\"2609\" data-end=\"2618\" data-col-size=\"sm\">Sector<\/th>\n<th class=\"\" data-start=\"2618\" data-end=\"2626\" data-col-size=\"sm\">Gain<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"2644\" data-end=\"2751\">\n<tr data-start=\"2644\" data-end=\"2674\">\n<td data-start=\"2644\" data-end=\"2664\" data-col-size=\"sm\">Consumer Durables<\/td>\n<td data-col-size=\"sm\" data-start=\"2664\" data-end=\"2674\">+3.51%<\/td>\n<\/tr>\n<tr data-start=\"2675\" data-end=\"2694\">\n<td data-start=\"2675\" data-end=\"2684\" data-col-size=\"sm\">Realty<\/td>\n<td data-start=\"2684\" data-end=\"2694\" data-col-size=\"sm\">+2.69%<\/td>\n<\/tr>\n<tr data-start=\"2695\" data-end=\"2713\">\n<td data-start=\"2695\" data-end=\"2703\" data-col-size=\"sm\">Metal<\/td>\n<td data-start=\"2703\" data-end=\"2713\" data-col-size=\"sm\">+2.56%<\/td>\n<\/tr>\n<tr data-start=\"2714\" data-end=\"2731\">\n<td data-start=\"2714\" data-end=\"2721\" data-col-size=\"sm\">Auto<\/td>\n<td data-start=\"2721\" data-end=\"2731\" data-col-size=\"sm\">+2.22%<\/td>\n<\/tr>\n<tr data-start=\"2732\" data-end=\"2751\">\n<td data-start=\"2732\" data-end=\"2741\" data-col-size=\"sm\">Pharma<\/td>\n<td data-col-size=\"sm\" data-start=\"2741\" data-end=\"2751\">+1.98%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<p data-start=\"2753\" data-end=\"2966\">Notably, all 16 major Nifty sectoral indices ended in the green, reflecting widespread buying across the market. However, IT stocks remained relatively subdued, emerging as a laggard despite the broader rally.<\/p>\n<p data-start=\"2968\" data-end=\"3008\">Market breadth remained firmly positive:<\/p>\n<ul data-start=\"3010\" data-end=\"3109\">\n<li data-section-id=\"1iswq3r\" data-start=\"3010\" data-end=\"3034\">Advancers: 2,426<\/li>\n<li data-section-id=\"1dt38tj\" data-start=\"3035\" data-end=\"3057\">Decliners: 855<\/li>\n<li data-section-id=\"1b8752x\" data-start=\"3058\" data-end=\"3083\">52-week highs: 22<\/li>\n<li data-section-id=\"1jb5123\" data-start=\"3084\" data-end=\"3109\">52-week lows: 181<\/li>\n<\/ul>\n<p data-start=\"3111\" data-end=\"3240\">This strong participation indicates that the rally was not limited to a few heavyweights but was supported by the broader market.<\/p>\n<h2 data-section-id=\"3forfc\" data-start=\"3247\" data-end=\"3331\"><span role=\"text\">Top gainers and losers reflect sectoral rotation and selective profit booking<\/span><\/h2>\n<h3 data-section-id=\"1bp5iv1\" data-start=\"3333\" data-end=\"3360\"><span role=\"text\">Top 5 stock gainers<\/span><\/h3>\n<div class=\"TyagGW_tableContainer\">\n<div class=\"group TyagGW_tableWrapper flex flex-col-reverse w-fit\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"3362\" data-end=\"3602\">\n<thead data-start=\"3362\" data-end=\"3392\">\n<tr data-start=\"3362\" data-end=\"3392\">\n<th class=\"\" data-start=\"3362\" data-end=\"3370\" data-col-size=\"sm\">Stock<\/th>\n<th class=\"\" data-start=\"3370\" data-end=\"3382\" data-col-size=\"sm\">Price (\u20b9)<\/th>\n<th class=\"\" data-start=\"3382\" data-end=\"3392\" data-col-size=\"sm\">% Gain<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"3422\" data-end=\"3602\">\n<tr data-start=\"3422\" data-end=\"3459\">\n<td data-start=\"3422\" data-end=\"3440\" data-col-size=\"sm\">Shriram Finance<\/td>\n<td data-col-size=\"sm\" data-start=\"3440\" data-end=\"3449\">955.80<\/td>\n<td data-col-size=\"sm\" data-start=\"3449\" data-end=\"3459\">+5.78%<\/td>\n<\/tr>\n<tr data-start=\"3460\" data-end=\"3489\">\n<td data-start=\"3460\" data-end=\"3468\" data-col-size=\"sm\">Titan<\/td>\n<td data-col-size=\"sm\" data-start=\"3468\" data-end=\"3479\">4,080.00<\/td>\n<td data-col-size=\"sm\" data-start=\"3479\" data-end=\"3489\">+4.63%<\/td>\n<\/tr>\n<tr data-start=\"3490\" data-end=\"3520\">\n<td data-start=\"3490\" data-end=\"3499\" data-col-size=\"sm\">Grasim<\/td>\n<td data-col-size=\"sm\" data-start=\"3499\" data-end=\"3510\">2,655.10<\/td>\n<td data-col-size=\"sm\" data-start=\"3510\" data-end=\"3520\">+4.15%<\/td>\n<\/tr>\n<tr data-start=\"3521\" data-end=\"3562\">\n<td data-start=\"3521\" data-end=\"3540\" data-col-size=\"sm\">UltraTech Cement<\/td>\n<td data-col-size=\"sm\" data-start=\"3540\" data-end=\"3552\">11,200.00<\/td>\n<td data-col-size=\"sm\" data-start=\"3552\" data-end=\"3562\">+4.05%<\/td>\n<\/tr>\n<tr data-start=\"3563\" data-end=\"3602\">\n<td data-start=\"3563\" data-end=\"3581\" data-col-size=\"sm\">Larsen &amp; Toubro<\/td>\n<td data-col-size=\"sm\" data-start=\"3581\" data-end=\"3592\">3,659.00<\/td>\n<td data-col-size=\"sm\" data-start=\"3592\" data-end=\"3602\">+4.04%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<h3 data-section-id=\"89r958\" data-start=\"3604\" data-end=\"3630\"><span role=\"text\">Top 5 stock losers<\/span><\/h3>\n<div class=\"TyagGW_tableContainer\">\n<div class=\"group TyagGW_tableWrapper flex flex-col-reverse w-fit\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"3632\" data-end=\"3835\">\n<thead data-start=\"3632\" data-end=\"3664\">\n<tr data-start=\"3632\" data-end=\"3664\">\n<th class=\"\" data-start=\"3632\" data-end=\"3640\" data-col-size=\"sm\">Stock<\/th>\n<th class=\"\" data-start=\"3640\" data-end=\"3652\" data-col-size=\"sm\">Price (\u20b9)<\/th>\n<th class=\"\" data-start=\"3652\" data-end=\"3664\" data-col-size=\"sm\">% Change<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"3696\" data-end=\"3835\">\n<tr data-start=\"3696\" data-end=\"3733\">\n<td data-start=\"3696\" data-end=\"3712\" data-col-size=\"sm\">Tech Mahindra<\/td>\n<td data-col-size=\"sm\" data-start=\"3712\" data-end=\"3723\">1,403.50<\/td>\n<td data-col-size=\"sm\" data-start=\"3723\" data-end=\"3733\">-2.04%<\/td>\n<\/tr>\n<tr data-start=\"3734\" data-end=\"3766\">\n<td data-start=\"3734\" data-end=\"3747\" data-col-size=\"sm\">Power Grid<\/td>\n<td data-col-size=\"sm\" data-start=\"3747\" data-end=\"3756\">294.80<\/td>\n<td data-col-size=\"sm\" data-start=\"3756\" data-end=\"3766\">-1.40%<\/td>\n<\/tr>\n<tr data-start=\"3767\" data-end=\"3794\">\n<td data-start=\"3767\" data-end=\"3773\" data-col-size=\"sm\">TCS<\/td>\n<td data-start=\"3773\" data-end=\"3784\" data-col-size=\"sm\">2,377.90<\/td>\n<td data-start=\"3784\" data-end=\"3794\" data-col-size=\"sm\">-0.87%<\/td>\n<\/tr>\n<tr data-start=\"3795\" data-end=\"3835\">\n<td data-start=\"3795\" data-end=\"3816\" data-col-size=\"sm\">Bharat Electronics<\/td>\n<td data-start=\"3816\" data-end=\"3825\" data-col-size=\"sm\">413.30<\/td>\n<td data-col-size=\"sm\" data-start=\"3825\" data-end=\"3835\">-0.28%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<p data-start=\"3837\" data-end=\"4012\">The divergence highlights sectoral rotation, with capital flowing into domestic cyclicals like metals, infrastructure, and financials, while IT stocks faced mild pressure.<\/p>\n<h2 data-section-id=\"146muzi\" data-start=\"4019\" data-end=\"4090\"><span role=\"text\">ETF activity and volatility signal improving investor confidence<\/span><\/h2>\n<p data-start=\"4092\" data-end=\"4210\">Exchange-traded funds (ETFs) tracking benchmark indices also saw strong gains, reflecting institutional participation.<\/p>\n<h3 data-section-id=\"1cxj9hm\" data-start=\"4212\" data-end=\"4234\"><span role=\"text\">Top ETF movers<\/span><\/h3>\n<div class=\"TyagGW_tableContainer\">\n<div class=\"group TyagGW_tableWrapper flex flex-col-reverse w-fit\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"4236\" data-end=\"4380\">\n<thead data-start=\"4236\" data-end=\"4260\">\n<tr data-start=\"4236\" data-end=\"4260\">\n<th class=\"\" data-start=\"4236\" data-end=\"4242\" data-col-size=\"sm\">ETF<\/th>\n<th class=\"\" data-start=\"4242\" data-end=\"4250\" data-col-size=\"sm\">Price<\/th>\n<th class=\"\" data-start=\"4250\" data-end=\"4260\" data-col-size=\"sm\">% Gain<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"4285\" data-end=\"4380\">\n<tr data-start=\"4285\" data-end=\"4316\">\n<td data-start=\"4285\" data-end=\"4297\" data-col-size=\"sm\">NIFTYBEES<\/td>\n<td data-start=\"4297\" data-end=\"4306\" data-col-size=\"sm\">264.00<\/td>\n<td data-start=\"4306\" data-end=\"4316\" data-col-size=\"sm\">+1.60%<\/td>\n<\/tr>\n<tr data-start=\"4317\" data-end=\"4348\">\n<td data-start=\"4317\" data-end=\"4329\" data-col-size=\"sm\">SETFNIF50<\/td>\n<td data-start=\"4329\" data-end=\"4338\" data-col-size=\"sm\">249.70<\/td>\n<td data-start=\"4338\" data-end=\"4348\" data-col-size=\"sm\">+1.84%<\/td>\n<\/tr>\n<tr data-start=\"4349\" data-end=\"4380\">\n<td data-start=\"4349\" data-end=\"4361\" data-col-size=\"sm\">NIFTYIETF<\/td>\n<td data-start=\"4361\" data-end=\"4370\" data-col-size=\"sm\">262.81<\/td>\n<td data-start=\"4370\" data-end=\"4380\" data-col-size=\"sm\">+1.69%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<p data-start=\"4382\" data-end=\"4564\">Meanwhile, the India VIX, often referred to as the market\u2019s fear gauge, declined to 24.64, indicating a reduction in volatility expectations and improving investor sentiment.<\/p>\n<h2 data-section-id=\"168afw1\" data-start=\"4571\" data-end=\"4628\"><span role=\"text\">Here\u2019s what happened today and why traders reacted<\/span><\/h2>\n<p data-start=\"4630\" data-end=\"4746\">Today\u2019s rally was driven by a combination of global and domestic triggers that collectively improved risk sentiment.<\/p>\n<h3 data-section-id=\"1fw6w6b\" data-start=\"4748\" data-end=\"4784\"><span role=\"text\">Key drivers behind the rally<\/span><\/h3>\n<div class=\"TyagGW_tableContainer\">\n<div class=\"group TyagGW_tableWrapper flex flex-col-reverse w-fit\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"4786\" data-end=\"5053\">\n<thead data-start=\"4786\" data-end=\"4815\">\n<tr data-start=\"4786\" data-end=\"4815\">\n<th class=\"\" data-start=\"4786\" data-end=\"4795\" data-col-size=\"sm\">Factor<\/th>\n<th class=\"\" data-start=\"4795\" data-end=\"4815\" data-col-size=\"sm\">Impact on Market<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"4843\" data-end=\"5053\">\n<tr data-start=\"4843\" data-end=\"4902\">\n<td data-start=\"4843\" data-end=\"4872\" data-col-size=\"sm\">Crude oil falls below $100<\/td>\n<td data-start=\"4872\" data-end=\"4902\" data-col-size=\"sm\">Reduced inflation concerns<\/td>\n<\/tr>\n<tr data-start=\"4903\" data-end=\"4958\">\n<td data-start=\"4903\" data-end=\"4929\" data-col-size=\"sm\">US\u2013Iran ceasefire hopes<\/td>\n<td data-start=\"4929\" data-end=\"4958\" data-col-size=\"sm\">Improved global sentiment<\/td>\n<\/tr>\n<tr data-start=\"4959\" data-end=\"4999\">\n<td data-start=\"4959\" data-end=\"4982\" data-col-size=\"sm\">Strong Asian markets<\/td>\n<td data-start=\"4982\" data-end=\"4999\" data-col-size=\"sm\">Positive cues<\/td>\n<\/tr>\n<tr data-start=\"5000\" data-end=\"5053\">\n<td data-start=\"5000\" data-end=\"5020\" data-col-size=\"sm\">India VIX decline<\/td>\n<td data-start=\"5020\" data-end=\"5053\" data-col-size=\"sm\">Lower volatility expectations<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<p data-start=\"5055\" data-end=\"5266\">Crude oil prices dropped below the crucial $100 per barrel mark, easing concerns around inflation and current account pressure. This is particularly important for India, which heavily depends on oil imports.<\/p>\n<p data-start=\"5268\" data-end=\"5433\">Market expert V K Vijayakumar said, <em data-start=\"5304\" data-end=\"5433\">\u201cHope is returning to the market with indications of de-escalation in the conflict, which is reflecting in lower crude prices.\u201d<\/em><\/p>\n<h2 data-section-id=\"1fgqr5r\" data-start=\"5440\" data-end=\"5504\"><span role=\"text\">Financial stocks lead rally as HDFC Bank rebounds sharply<\/span><\/h2>\n<p data-start=\"5506\" data-end=\"5666\">One of the major contributors to today\u2019s rally was <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">HDFC Bank<\/span><\/span>, which rose over 2%, extending gains from the previous session.<\/p>\n<p data-start=\"5668\" data-end=\"5889\">The stock recovered after recent sharp declines triggered by the resignation of former chairman Atanu Chakraborty. The bank\u2019s decision to appoint external law firms to review the matter helped restore investor confidence.<\/p>\n<p data-start=\"5891\" data-end=\"6028\">Financial stocks surged 2.35%, marking their biggest daily gain in seven weeks, and played a key role in lifting the broader indices.<\/p>\n<h2 data-section-id=\"1ut0p33\" data-start=\"6035\" data-end=\"6107\"><span role=\"text\">Broader markets outperform as midcaps and smallcaps gain traction<\/span><\/h2>\n<p data-start=\"6109\" data-end=\"6211\">The rally was not limited to large-cap stocks, as broader indices delivered even stronger performance.<\/p>\n<ul data-start=\"6213\" data-end=\"6282\">\n<li data-section-id=\"18f8msz\" data-start=\"6213\" data-end=\"6246\">Nifty Midcap index: +2.3%<\/li>\n<li data-section-id=\"1kjg3ex\" data-start=\"6247\" data-end=\"6282\">Nifty Smallcap index: +2.6%<\/li>\n<\/ul>\n<p data-start=\"6284\" data-end=\"6423\">This indicates renewed risk appetite among investors, particularly in high-beta segments that tend to outperform during bullish phases.<\/p>\n<p data-start=\"6425\" data-end=\"6599\">The market capitalisation of BSE-listed companies surged by \u20b97.82 lakh crore, reaching \u20b9430.99 lakh crore, reflecting significant wealth creation in a single session.<\/p>\n<h2 data-section-id=\"1e3iadx\" data-start=\"6606\" data-end=\"6667\"><span role=\"text\">Global cues support rally, but underlying risks remain<\/span><\/h2>\n<p data-start=\"6669\" data-end=\"6727\">Global markets also contributed to the positive sentiment:<\/p>\n<ul data-start=\"6729\" data-end=\"6860\">\n<li data-section-id=\"14yuq6w\" data-start=\"6729\" data-end=\"6768\">Asian markets gained up to 1.7%<\/li>\n<li data-section-id=\"1f779uy\" data-start=\"6769\" data-end=\"6815\">US futures (S&amp;P 500, Nasdaq) rose 0.7%<\/li>\n<li data-section-id=\"mjk9no\" data-start=\"6816\" data-end=\"6860\">MSCI Asia Pacific Index climbed 1.9%<\/li>\n<\/ul>\n<p data-start=\"6862\" data-end=\"7026\">The optimism was largely driven by comments from US President Donald Trump indicating progress toward ending the conflict, although Iran denied direct negotiations.<\/p>\n<p data-start=\"7028\" data-end=\"7144\">At the same time, oil prices hovering around $100 highlight that uncertainty still persists beneath the surface.<\/p>\n<h2 data-section-id=\"1ofkloc\" data-start=\"7151\" data-end=\"7230\"><span role=\"text\">Rupee weakness highlights underlying macro pressure despite market rally<\/span><\/h2>\n<p data-start=\"7232\" data-end=\"7409\">Despite the strong equity rally, the Indian rupee continued to weaken, closing near a record low of 93.96 against the US dollar, after touching an intraday low of 93.98.<\/p>\n<p data-start=\"7411\" data-end=\"7583\">This divergence suggests that while equity markets are reacting positively to short-term triggers, macro pressures linked to oil prices and capital flows remain intact.<\/p>\n<h2 data-section-id=\"1ejs1jm\" data-start=\"7590\" data-end=\"7664\"><span role=\"text\">Bernstein warning: Rally may face headwinds if crude stays elevated<\/span><\/h2>\n<p data-start=\"7666\" data-end=\"7832\">Global brokerage <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Bernstein<\/span><\/span> has warned that even if crude prices fall below $100, India may still face significant macroeconomic risks.<\/p>\n<p data-start=\"7834\" data-end=\"7855\">Key concerns include:<\/p>\n<ul data-start=\"7857\" data-end=\"8052\">\n<li data-section-id=\"1vgt37d\" data-start=\"7857\" data-end=\"7898\">Inflation potentially rising above 6%<\/li>\n<li data-section-id=\"ow1mtr\" data-start=\"7899\" data-end=\"7930\">Delay in interest rate cuts<\/li>\n<li data-section-id=\"b4a1u5\" data-start=\"7931\" data-end=\"7996\">Rupee depreciation beyond 98 or even 110 in extreme scenarios<\/li>\n<li data-section-id=\"w663fh\" data-start=\"7997\" data-end=\"8052\">Nifty falling below 20,000 in worst-case conditions<\/li>\n<\/ul>\n<p data-start=\"8054\" data-end=\"8210\">The brokerage has cut its year-end Nifty target to 26,000, while cautioning that a prolonged conflict could trigger a \u201cGFC-like scenario\u201d for India.<\/p>\n<h2 data-section-id=\"ksa22o\" data-start=\"8217\" data-end=\"8272\"><span role=\"text\">What it means for investors and their portfolios<\/span><\/h2>\n<h3 data-section-id=\"pto3xc\" data-start=\"8274\" data-end=\"8298\"><span role=\"text\">Positive signals<\/span><\/h3>\n<div class=\"TyagGW_tableContainer\">\n<div class=\"group TyagGW_tableWrapper flex flex-col-reverse w-fit\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"8300\" data-end=\"8492\">\n<thead data-start=\"8300\" data-end=\"8319\">\n<tr data-start=\"8300\" data-end=\"8319\">\n<th class=\"\" data-start=\"8300\" data-end=\"8309\" data-col-size=\"sm\">Factor<\/th>\n<th class=\"\" data-start=\"8309\" data-end=\"8319\" data-col-size=\"sm\">Impact<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"8339\" data-end=\"8492\">\n<tr data-start=\"8339\" data-end=\"8383\">\n<td data-start=\"8339\" data-end=\"8355\" data-col-size=\"sm\">Falling crude<\/td>\n<td data-start=\"8355\" data-end=\"8383\" data-col-size=\"sm\">Eases inflation pressure<\/td>\n<\/tr>\n<tr data-start=\"8384\" data-end=\"8435\">\n<td data-start=\"8384\" data-end=\"8404\" data-col-size=\"sm\">Broad-based rally<\/td>\n<td data-start=\"8404\" data-end=\"8435\" data-col-size=\"sm\">Strong market participation<\/td>\n<\/tr>\n<tr data-start=\"8436\" data-end=\"8492\">\n<td data-start=\"8436\" data-end=\"8464\" data-col-size=\"sm\">Financial sector strength<\/td>\n<td data-start=\"8464\" data-end=\"8492\" data-col-size=\"sm\">Supports index stability<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<h3 data-section-id=\"fo3cn5\" data-start=\"8494\" data-end=\"8518\"><span role=\"text\">Risks to monitor<\/span><\/h3>\n<div class=\"TyagGW_tableContainer\">\n<div class=\"group TyagGW_tableWrapper flex flex-col-reverse w-fit\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"8520\" data-end=\"8687\">\n<thead data-start=\"8520\" data-end=\"8540\">\n<tr data-start=\"8520\" data-end=\"8540\">\n<th class=\"\" data-start=\"8520\" data-end=\"8529\" data-col-size=\"sm\">Factor<\/th>\n<th class=\"\" data-start=\"8529\" data-end=\"8540\" data-col-size=\"sm\">Concern<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"8561\" data-end=\"8687\">\n<tr data-start=\"8561\" data-end=\"8608\">\n<td data-start=\"8561\" data-end=\"8582\" data-col-size=\"sm\">Rupee depreciation<\/td>\n<td data-start=\"8582\" data-end=\"8608\" data-col-size=\"sm\">External vulnerability<\/td>\n<\/tr>\n<tr data-start=\"8609\" data-end=\"8646\">\n<td data-start=\"8609\" data-end=\"8628\" data-col-size=\"sm\">Crude volatility<\/td>\n<td data-start=\"8628\" data-end=\"8646\" data-col-size=\"sm\">Inflation risk<\/td>\n<\/tr>\n<tr data-start=\"8647\" data-end=\"8687\">\n<td data-start=\"8647\" data-end=\"8665\" data-col-size=\"sm\">Global conflict<\/td>\n<td data-start=\"8665\" data-end=\"8687\" data-col-size=\"sm\">Market uncertainty<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<p data-start=\"8689\" data-end=\"8793\">Investors should remain cautious despite the rally, as underlying macro risks have not fully dissipated.<\/p>\n<h2 data-section-id=\"1djkfnc\" data-start=\"8800\" data-end=\"8868\"><span role=\"text\">Final takeaway as markets rally but caution remains warranted<\/span><\/h2>\n<p data-start=\"8870\" data-end=\"9112\">The sharp rally in Indian equities reflects a relief-driven rebound fueled by global optimism and falling crude prices. However, the divergence between equity markets and macro indicators like the rupee highlights that risks still linger.<\/p>\n<p data-start=\"9114\" data-end=\"9293\">While the near-term outlook appears positive, sustained gains will depend on continued easing in crude prices, stability in global geopolitics, and revival in foreign inflows.<\/p>\n<p data-start=\"9295\" data-end=\"9474\" data-is-last-node=\"\" data-is-only-node=\"\">For traders, the momentum remains bullish in the short term. For long-term investors, however, this rally serves as a reminder to stay balanced\u2014optimistic, but not complacent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bull Run Extends: Sensex Soars 1,200 Points, Nifty Crosses 23,300 \u2014 But Hidden Risks Still Linger Index Closing Level Change % Change Nifty 50 23,306.45 +394.05 +1.72% Sensex 75,273.45 +1,205.00 +1.63% Nifty Bank 53,708.10 +1,102.45 +2.10% Nifty Fin Services 25,056.35 +574.15 +2.35% Markets extend second-day rally as ceasefire hopes and falling crude boost sentiment Indian [&hellip;]<\/p>\n","protected":false},"author":4,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1368],"tags":[],"ppma_author":[1331],"class_list":{"0":"post-23439","1":"post","2":"type-post","3":"status-publish","4":"format-video","5":"has-post-thumbnail","7":"category-blog","8":"post_format-post-format-video"}," _eael_post_view_count":0,"authors":[{"term_id":1331,"user_id":4,"is_guest":0,"slug":"sourabh","display_name":"Sourabh Sharma","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/23439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=23439"}],"version-history":[{"count":2,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/23439\/revisions"}],"predecessor-version":[{"id":23453,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/23439\/revisions\/23453"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/23443"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=23439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=23439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=23439"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=23439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}