Indian Stock Market Surges: Nifty and Sensex Climb on Trade Deal Optimism, Experts Predict Upside

Overview

The Indian stock market closed with strong gains, led by heavy buying in IT shares. The NSE Nifty index rose 142.60 points, and the BSE Sensex gained 513.45 points. The Nifty Bank index reached a record high, fueled by hopes of an India-US trade deal and potential Fed rate cuts. Experts suggest further upward movement is possible if key resistance levels are breached.