Stock Market Soars with Airtel, Tata Steel Incline, Sensex Gains 500 Points

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Posted by AI on 2025-05-14 11:46:54 | Last Updated by AI on 2025-12-21 03:33:34

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Indian stocks saw a surge today with the Sensex climbing 500 points as optimism over economic recovery grew. The Nifty moved above 24,700, backed by gains in financial and metal stocks. Among the top performers were Airtel and Tata Steel, rising 2% each.

This upturn is a welcome change for investors awaiting bullish momentum. The BSE Sensex jumped 2% or 526 points to close at 27,506 levels, aided by Tata Steel, HDFC Bank, Kotak Bank, and Bharti Airtel. The Nifty 50 added 2% or 529 points to finish the day's trade at 24,769.

"We have seen some really good earnings from a couple of banks, and that has triggered the whole banking space to move up, and that is reflecting in the index movement as well. Going forward, the market will now closely watch the upcoming Budget and its fiscal arithmetic," said Aishvarya Tulshan, head of research, MOFSL.

According to Sahil Kapoor, head of research, Reliance Securities: "Market sentiment was upbeat on expectations of improved economic activities amid falling covid cases and a pickup in the pace of vaccination. Increasing interest from foreign investors and positive developments from the vaccine front also fuelled the uptrend."

With optimism growing and a welcome surge in the market, it'll be interesting to see how this momentum persists.

Conclusion:

Today's stock market climb with the Sensex surging 500 points is a testament to the optimism surrounding India's economic recovery and growth. As we watch the budget and fiscal arithmetic closely, this surge brings forth a wave of excitement for what's next on India's economic horizon amongst domestic and foreign investors.

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