Sensex rallies, Nifty tests 2025 high above 25,200 on Trump-backed Israel-Iran ceasefire lifts stocks

In a significant market rally, the Sensex surged by 545.38 points, or 0.67 percent, reaching 82,442.17, while the Nifty climbed 173.70 points, or 0.70 percent, to 25,145.60 at around 9:50 am. This bullish trend was fueled by the announcement of a ceasefire between Israel and Iran, brokered by former U.S. President Donald Trump. The unexpected diplomatic breakthrough has infused optimism among investors, leading to a surge in stock prices. The ceasefire agreement, seen as a pivotal step towards stabilizing the Middle East, has had an immediate positive effect on global markets, with Indian indices reflecting this sentiment. Analysts suggest that the easing of geopolitical tensions could pave the way for stronger economic ties and trade in the region, thus benefiting global markets. Key sectors such as technology, finance, and energy saw notable gains as investors reacted to the news. Market experts remain cautiously optimistic, noting that while the ceasefire provides temporary relief, sustained stability will depend on further diplomatic efforts. The rally has, however, brought the Nifty tantalizingly close to its 2025 high of 25,200, sparking hopes of continued growth. As the situation unfolds, investors will be closely monitoring upcoming developments in the region and their potential impact on the global economic landscape.

— Authored by Next24 Live