Indian Stock Market Surges: Nifty Crosses 26,200 Amidst Global Cues and Trade Deal Optimism

Overview

Indian benchmark indices extended their winning run, with the Nifty crossing 26,200 for the first time since September 2024. This surge was driven by Nvidia's stellar earnings and stronger sales guidance, coupled with rising optimism over a potential India-US trade deal. The Sensex closed 0.52% higher, and the Nifty 50 ended up 0.54%. Nifty Bank also reached a fresh record high.