Indian Markets Surge Despite Geopolitical Tensions, Investor Optimism High

Indian stock markets showed a robust opening on Thursday, as investor confidence remained buoyant despite recent tensions with Pakistan. The Nifty 50 index began its trading session at 24,431.50, marking an increase of 17.10 points or 0.07%. Similarly, the BSE Sensex rose by 165.56 points or 0.21% to reach 80,912.34.

Market analysts highlighted the resilience demonstrated by Indian markets amidst geopolitical hostilities. The upbeat sentiment is further bolstered by ongoing trade negotiations between India and the UK. Ajay Bagga, a market expert, remarked on the situation, noting that foreign portfolio investors (FPIs) remain net buyers for over two weeks, despite geopolitical tensions linked to Operation Sindoor.

Globally, the steady interest rates by the US Federal Reserve, along with market speculations of potential rate cuts and a possible trade announcement by President Trump, added to the upward momentum. Domestically, sectoral indices on NSE, including Nifty Auto, PSU Bank, and IT, reflected gains. Meanwhile, other major Asian markets depicted positive trading with indices such as Japan's Nikkei and Hong Kong's Hang Seng witnessing growth.

(With inputs from agencies.)