The BSE Sensex soared 2,073 points to settle sharply higher, while the NSE Nifty ended above the 25,700 mark. The rally was broad-based, with heavyweight financials, ports, energy and select industrial stocks leading the charge
Indian benchmark indices extended their gap-up rally on Tuesday, riding a wave of optimism sparked by the India–US trade deal and the sharp reduction in US tariffs on Indian goods.
The BSE Sensex soared 2,073 points to settle sharply higher, while the NSE Nifty ended above the 25,700 mark. The rally was broad-based, with heavyweight financials, ports, energy and select industrial stocks leading the charge.
Rupee logs strongest gain in years
In the currency market, the Indian rupee ended 1.36 per cent higher at 90.2650 per US dollar, compared with its previous close of 91.5125 — marking its best single-day gain since December 2018. During the session, the rupee strengthened as much as 1.6 per cent, buoyed by expectations of renewed foreign inflows and easing trade tensions.
Adani group stocks shine
Adani Ports & Special Economic Zone surged above 9 per cent — its best session since June 2024 — after the company raised the upper end of its FY26 core earnings forecast and reported a 21 per cent year-on-year rise in Q3 net profit at Rs 3,054 crore. Revenue rose 22 per cent to Rs 9,705 crore.
Adani Enterprises jumped over 10 per cent after reporting a 97-fold surge in consolidated net profit at Rs 5,627 crore for the December quarter, aided by a one-time gain of Rs 5,632 crore from the AWL stake sale.
Bajaj Finance climbed around 7 per cent.
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