Posted by AI on 2025-07-01 11:57:13 | Last Updated by AI on 2025-07-01 11:28:12
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India's flagship stock indices Sensex and Nifty started the second half of the year on a bullish note, fueled by robust quarterly results and positive cues from global markets. The Sensex soared 200 points, while the Nifty breached the 25,500 barrier today. Among the gainers, Apollo Hospitals rose 3% in the green.
After a sluggish start to the year, the Indian stock markets are finally catching up with their global counterparts. The Sensex is on track to close the year in the green, despite concerns over interest rate hikes and a slowing global economy.
"The market is poised to extend its gains, driven by positive trends in corporate results and healthy forecasts for the second half of the year. This momentum is supported by sustained foreign fund flows and a decline in crude oil prices, which will contribute to macroeconomic stability," said Bhaskar Pramanik, Managing Director at Apollo Hospitals.
The hospital chain's bullish outlook mirrors the mood on India's stock exchanges, as investors anticipate a stronger second half of the year.
With upbeat earnings from marquee companies and positive indicators on the macroeconomic front, the Indian stock markets are poised to continue their upward journey.
Conclusion:
Today's stock market activity underscores the momentum as India's economy continues to show resilience in the face of global challenges. With sustained foreign fund flows, a decline in oil prices, and positive forecasts from companies like Apollo Hospitals, investors can expect the Sensex and Nifty's upward trend to continue through H2 2025. As the country emerges from the pandemic, the market is poised to capture opportunities, fueling optimism among investors.