Sensex jumps 600 pts, Nifty at 25,900 tracking global cues and India–US trade optimism
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Benchmark indices Sensex and Nifty opened sharply higher on Monday, February 9, rising 0.7% each as positive cues from interim agreement details from the India–US trade deal and a strong finish across US and Asian markets lifted sentiment on Dalal Street. In early trade, PSU bank (3.42%) and metal (1%) stocks led the gains, while the FMCG shares slightly capped the broader rally. The BSE Sensex opened 600 points higher or 0.7% at 84,177, while the Nifty 50 rallied 200 points to start the day at 25,888 or 0.75% higher. On the 30-stock Sensex, SBI stole the show, surging as much as 6%, while Titan Company, Tata Steel, Eternal, Kotak Mahindra Bank rose over 1% each. On the laggards' side, Power Grid Corp, Bajaj Finance, ITC, ICICI Bank, and Trent slipped in the range 0.5%-1%. The Nifty Smallcap 100 index rose 1.2%, while the Midcap 100 gained 0.81% to mirror the robust trends. Expert Views Live Events VK Vijayakumar, Chief Investment Str...