FPJ News Service mumbai

Investor confidence in Indian equities strengthened markedly on Thursday amid a supportive backdrop of improving domestic and global macro and microeconomic indicators. Reflecting the buoyant mood, the 30-share BSE Sensex surged 615.23 points to touch a 52-week high of 85,801.70, before settling 446.21 points higher at 85,632.68. The NSE Nifty 50 likewise hit a fresh 52-week peak of 26,246.65 during the session, ultimately closing at 26,192.15—a gain of 139.50 points on the day.

Vinod Nair, Head of Research at Geojit Investments, remarked: “Indian equities advanced on renewed optimism surrounding India–US trade discussions and progress on phase-one agreements, which buoyed overall sentiment. Global cues were similarly constructive, with technology-led gains following robust corporate earnings. Fresh FII inflows, accompanied by strength in large-cap sectors such as automobiles, financials, and information technology, further underpinned the market’s positive trajectory. The near-term outlook remains encouraging, though investors should remain circumspect ahead of key US economic data, which may introduce short-term volatility.”

Latest data show that the total market capitalisation of listed Indian companies has surpassed $5.3 trillion, while outstanding corporate bonds are estimated at around $616 billion. Activity in the primary market continues to signal deepening confidence. In FY25, companies raised $168 billion through equity and debt issuances ($51 billion via equity and $117 billion via debt). In the first seven months of FY25–26 alone, issuance has already exceeded $90 billion. The IPO market remains vibrant, with 186 offerings raising $8 billion. India now ranks first globally by number of IPOs and third by value.

Dr V. K. Vijayakumar, Chief Investment Strategist at Geojit Investments, believes the market’s bullish undertone is likely to persist, aided by a series of favourable triggers. “The earlier picture of ‘strong macros but weak micros’ is shifting to one of ‘strong macros and improving micros’.