The Indian stock market witnessed a strong intraday rally on Monday, with benchmark indices Sensex and Nifty moving higher despite global uncertainty and recent volatility in global cues.

Early trading showed robust momentum, with the Sensex rising by nearly 447 points to 77,249.27, while the Nifty 50 gained around 130 points to trade at 24,142 at 9:23 AM. Overall, both indices were up by approximately 0.4% to 0.5%.

Market Surge Led by Heavyweights

The rally was primarily driven by strong buying in major index stocks, especially from the IT and energy sectors.

Key gainers included:

• Reliance Industries

• Infosys

• HCL Technologies

• Tech Mahindra

These stocks rose between 1% and 3%, helping lift overall market sentiment.

On the other hand, Power Grid Corporation of India was among the notable laggards, slipping around 0.6%.

Investors Gain ₹2.25 Lakh Crore

The sharp upmove in equities added significant value to investor portfolios. Within minutes of the opening rally, market capitalization increased by more than ₹2.25 lakh crore, reflecting strong buying interest across sectors.

Broader markets also participated in the rally:

• Nifty Midcap 100 gained over 0.4%

• Nifty Smallcap 100 rose more than 0.4%

Almost all sectoral indices traded in the green, with Nifty IT emerging as the top performer, rising over 1%.

Mixed Global Signals Behind Volatility

The previous week saw pressure on global markets after Accenture’s weak revenue guidance triggered concerns in the IT sector. However, Monday’s recovery suggests renewed buying interest in domestic equities.

Meanwhile, geopolitical tensions in West Asia continue to influence global sentiment, particularly concerns around shipping routes and oil supply stability.

Market Experts Remain Cautious

Experts noted that despite ongoing uncertainty, global crude prices remain below $80 per barrel, indicating that markets are currently not pricing in severe escalation risks.

At the same time, domestic factors such as:

• Strengthening rupee

• Lower foreign portfolio investor (FPI) outflows

• Expectations of capital inflows

are supporting market stability.

However, analysts caution that geopolitical developments and global macro trends will continue to drive short-term volatility.

Outlook Ahead

While the rally has boosted investor sentiment, market participants are closely watching:

• Middle East developments

• Crude oil price movements

• Foreign investment flows

• Currency stability

For now, strong buying in heavyweights like Reliance Industries and IT majors has helped Indian equities deliver a powerful short-term wealth boost, reinforcing the market’s resilience amid global uncertainty.