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    Stock Market Updates: Sensex Rises Nearly 700 Points, Nifty Above 26,000; Coforge Up 5% | Markets News

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    Indian stock markets started higher on Monday as investors tracked the progress in trade negotiations between the US and China

    Stock Market Today

    Sensex Today: Indian stock markets opened higher on Monday, supported by optimism over progress in US-China trade talks and growing expectations that the two nations may soon sign a trade agreement.

    At 11 AM, BSE Sensex was at 84,838.78, up 627 points or 0.74 per cent and NSE Nifty50 quoted 25,969, up 174 points or 0.68 per cent.

    Tata Steel, Bharti Airtel, Reliance Industries, Tata Motors PV, SBI, Tech M, HDFC Bank, ICICI Bank, NTPC, Axis Bank, and HCL Tech were the top gainers.

    On the downside, Infosys, Kotak Bank, BEL, Sun Pharma, Bajaj Finance, Eternal, and Adani Ports fell up to 1.3 per cent.

    In the broader market, the Nifty MidCap index added 0.46 per cent and the Nifty SmallCap index 0.23 per cent.

    The upmove in equities came after US Treasury Secretary Scott Bessent said on Sunday that President Trump’s proposed 100% tariffs on Chinese goods were “off the table.” As part of the framework agreement, China is expected to increase soybean imports and delay restrictions on rare earth exports.

    Across sectors, all major indices were in the green, led by the Nifty Realty index, which gained 1%.

    Global cues

    Asian markets opened strong on Monday, tracking Wall Street’s record rally and optimism over progress in US-China trade negotiations. Japan’s Nikkei 225 surged past the 50,000 mark for the first time, rising over 2%, while the broader Topix index advanced 1.52%. Prime Minister Sanae Takaichi is expected to meet US President Donald Trump in Tokyo later this week, further fueling optimism.

    Elsewhere in Asia, South Korea’s Kospi jumped 1.99% following Friday’s record close, and Australia’s ASX 200 gained 0.49%.

    The regional rally came after reports suggested that US and Chinese negotiators had reached a framework agreement to resolve major trade disputes. According to US Treasury Secretary Scott Bessent, President Trump’s proposed 100% tariffs on Chinese goods are now “off the table,” while China has agreed to increase soybean imports and delay restrictions on rare earth exports.

    On Wall Street, all three major indices — the Dow Jones, S&P 500, and Nasdaq — ended Friday at record highs as easing inflation strengthened expectations of further interest rate cuts by the Federal Reserve. The Dow closed above 47,000 for the first time, while investors now await Big Tech earnings and the Fed’s upcoming policy decision for further direction.

    Aparna Deb

    Aparna Deb

    Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

    Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

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