India’s equity markets bounced back strongly on Monday, lifted by robust GDP growth figures for April–June 2025. The economy expanded at 7.8%, its fastest pace in five quarters, surprising analysts and sparking investor optimism.
The BSE Sensex climbed 343.46 points to touch 80,153.11, while the NSE Nifty gained 105.8 points to reach 24,532.65 in early trade.
Among major gainers were Infosys, TCS, Tech Mahindra, HCL Tech, NTPC, and Power Grid, while Hindustan Unilever, ITC, Reliance Industries, and Sun Pharma saw losses.
Market experts said the better-than-expected growth, coupled with upcoming GST reforms and strong inflows into mutual funds, will continue to provide market support.
VK Vijayakumar, Chief Investment Strategist at Geojit Investments, noted that Trump’s new tariff moves threaten India’s export outlook, especially textiles, but also highlighted that closer cooperation between India, China, and Russia could shift global trade balances significantly.
Globally, Asian markets were mixed — Shanghai and Hong Kong rose, while Japan and South Korea declined. US indices closed lower on Friday. Meanwhile, Brent crude eased to USD 67.20 per barrel.
Foreign Institutional Investors (FIIs) had offloaded shares worth Rs 8,312 crore on Friday, but Domestic Institutional Investors (DIIs) absorbed the pressure by purchasing equities worth Rs 11,488 crore.