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Below the Perspective  on Markets by Mr. Vikram Kasat, Head - Advisory, PL Capital - Prabhudas Lilladher

“Markets staged a sharp rebound on Monday, buoyed by easing geopolitical tensions after the India-Pakistan ceasefire. Benchmark indices posted their strongest single-day performance in over four years.

 Indices Post Biggest Gains Since Feb 2021

The BSE Sensex surged 2,975.43 points (3.74%) to close at 82,429.90, while the NSE Nifty50 climbed over 900 points, ending above the 24,900 mark. Both indices recorded their highest intraday gains since February 2021, snapping a multi-session losing streak.

 All Sectors in Green; Realty, Power Lead

All sectoral indices ended in positive territory. Nifty Realty and Nifty Power led the rally with gains of 4–5%, reflecting renewed investor optimism across infrastructure-related themes.

 Broader Markets Outperform

The BSE Midcap and Smallcap indices rose 3–4%, with the former hitting a two-week high and the latter a one-week high.

 IT, Bank Stocks See Fresh Momentum

The Nifty IT index touched a one-month high, led by Persistent and Coforge. Nifty Bank logged its best single-day gain in five months, underscoring sector-wide buying.

 Key gainers included Infosys, Adani Enterprises, Shriram Finance, Trent, and HCL Tech. Sun Pharma and IndusInd Bank were the only notable laggards.

 Bottomline

With the ceasefire triggering a technical and sentiment-driven rally, the key question remains—can this momentum sustain amid global and domestic uncertainties?

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