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Sensex Surges Over 700 Points, Nifty Near 23,800 as Adani & Banking Stocks Lead Rally

Sensex Surges Over 700 Points, Nifty Near 23,800 as Adani & Banking Stocks Lead Rally

Indian stock markets saw a strong rally on May 15 as the BSE Sensex surged more than 700 points while the Nifty 50 moved close to the 23,800 mark. Strong buying in banking, infrastructure, PSU, and Adani Group stocks boosted overall market sentiment.

Top gainers included Adani Enterprises, State Bank of India, ICICI Bank, and Tata Motors. Investors reacted positively to reports of easing global trade tensions and possible relief in legal concerns surrounding the Adani Group.

Markets also received support from improving global sentiment after the meeting between Donald Trump and Xi Jinping, where both leaders discussed trade cooperation and economic stability.

Despite the rally, analysts remain cautious due to elevated crude oil prices, rupee weakness, inflation concerns, and ongoing Middle East tensions. Experts believe the coming weeks may remain volatile depending on global developments and RBI policy expectations.

Do you think Indian markets can hit new all-time highs soon, or will global tensions trigger another correction?

This news is for information only and is not investment advice. Please do your own research before making investment decisions.