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Equity benchmark indices Sensex and Nifty surged in early commerce on Thursday amid rising optimism on the U.S.-India commerce deal entrance.

Fresh overseas fund inflows and shopping for in IT shares additionally drove the markets larger through the preliminary commerce.

The 30-share BSE Sensex jumped 734.36 factors to 85,160.70 in early commerce. The 50-share NSE Nifty surged 198.3 factors to 26,066.90.

From the Sensex corporations, Infosys, HCL Tech, Tech Mahindra, Axis Bank, Hindustan Unilever and Kotak Mahindra Bank had been among the many gainers.

However, Eternal and Bajaj Finserv had been the laggards.

“Reports of an imminent commerce deal between India and U.S. is doing the rounds in market circles and the market response by way of Nifty implied open confirms this. The market rally which has already begun within the competition season will speed up enabling the Nifty to set new document highs.

“Unprecedented record sales during the last few days has the potential to improve corporate earnings. FIIs turning buyers recently and short covering are factors that can fuel the rally. Clearly, it is advantage bulls!,” V Okay Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, mentioned.

In Asian markets, South Korea’s Kospi traded larger whereas Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng quoted decrease.

US markets led to unfavourable territory on Wednesday.

Foreign Institutional Investors (FIIs) purchased equities value ₹96.72 crore on Tuesday (October 21, 2025), in response to trade information.

“Dalal Street kicked off Samvat 2082 on a jubilant note, with the Sensex and Nifty marking their fifth straight day of gains during the Mahurat trading session. The mood remains buoyant as the U.S. reportedly plans to slash tariffs on Indian imports to just 15–16% — a game-changing move that could supercharge India’s trade competitiveness and exports,” Prashanth Tapse, Senior VP (Research), Mehta Ltd, mentioned.

Published – October 23, 2025 10:23 am IST