Indian stock markets opened on a positive note Monday, buoyed by easing global trade tensions after US President Donald Trump extended the deadline for trade talks with the European Union (EU).
At 9:30 AM, the Nifty 50 index climbed 0.77% to 25,044, while the BSE Sensex rose 0.75% to 82,336, reflecting widespread investor optimism.
All 13 major sectoral indices opened in the green, with notable gains seen in financials, IT, and consumer goods. The mid-cap and small-cap indices also edged up 0.4% each, signaling broad-based market strength.
The uptrend follows Sunday’s announcement where President Trump shelved a proposed 50% tariff on EU imports, pushing the trade negotiation deadline to July 9, after European Commission President Ursula von der Leyen requested more time to “reach a good deal.”
Market sentiment remains upbeat as investors welcome the de-escalation in global trade risks and look forward to stable economic signals in the near term.