Indian Stock Markets Rally for Fourth Day on Global Optimism and Trade Hopes
New Delhi, June 27 — Indian equity benchmarks recorded gains for the fourth straight session, supported by encouraging international developments, easing geopolitical concerns, and expectations of extended trade discussions between India and the United States.
Investor confidence improved following reports of reduced tensions between Israel and Iran and speculation that the U.S. administration might extend the July 9 deadline related to reciprocal tariffs. A spokesperson from the White House hinted that a decision regarding the tariff extension could be made soon, though the final call would rest with former President Donald Trump. Trump further uplifted market sentiment by stating that a “great trade deal” with India was in progress.
Currently, an Indian trade delegation is in the United States, actively engaging in discussions aimed at shaping a new bilateral trade framework, which has further fueled investor optimism.
Domestically, India’s solid economic position, proactive policies by the Reserve Bank of India (RBI), and expectations of a favorable monsoon are contributing to market strength. With the U.S. dollar softening and American indices hitting record highs, global capital flows into emerging markets like India are increasing.
At the close of trading, the Sensex stood at 84,058 — a rise of 303 points — while the Nifty ended at 25,637, up 89 points. Sector-wise, strong performance was seen in metal, pharma, PSU banks, oil & gas, and IT stocks. However, segments like real estate, consumer durables, and FMCG saw some declines.
India’s consistent market momentum highlights resilience amid global volatility, positioning it as a strong performer in emerging economies.
