Indian stock markets advanced on Monday, with the Sensex and Nifty rebounding after Friday’s pause in their winning streak. Softer US inflation data strengthened expectations of two Federal Reserve rate cuts in 2025, while easing tensions between the US and China lifted investor confidence. The Sensex surged over 700 points to cross 84,900, and the Nifty gained more than 200 points to move past 26,000.
Cooling US inflation in September increased hopes of rate cuts in upcoming Fed meetings, making emerging markets like India more appealing to foreign investors. Additionally, reports of progress toward a US-China trade deal improved global sentiment.
Analysts noted that Nifty saw volatility last week, correcting nearly 311 points from its high and signaling consolidation. Key resistance levels lie at 25,950–26,100, while a fall below 25,670 could trigger weakness toward 25,400. Bank Nifty closed flat at 57,699 after hitting record highs. A sustained move above 58,000 may confirm bullish momentum, while support lies near 57,400–56,900. Experts advised traders to stay optimistic but disciplined amid short-term consolidation.
