SENSEX Shows Its Bulls Again

The Indian stock market ended Monday with strong gains, led by auto and IT stocks. The Sensex rose by 455.37 points to close at 82,176.45, while the Nifty climbed 148 points, finishing at 25,001.15. Nifty Auto and Nifty IT sectors each saw around 1% gains, with additional buying in metal, realty, energy, and public sector stocks. Midcap and smallcap indices also advanced, with the Nifty Midcap 100 up by 379.50 points and the Nifty Smallcap 100 up by 64.45 points.

Analysts noted that bullish momentum continued for the second straight session, driven by strong buying near the 20-day EMA. Factors such as easing US tariff concerns, a weaker dollar index, and early monsoon boosted market sentiment. Investors are also optimistic about Q4 GDP growth and rural demand.

Meanwhile, the rupee appreciated by 24 paise to Rs 85.09 per US dollar. Analysts expect the rupee to remain between Rs 84.50 and Rs 85.25 this week.