Historic Rally in Indian Stock Market on May 12


Historic Rally in Indian Stock Market on May 12

Sensex and Nifty closed with the biggest single-day gain; Sensex tests 82,000 for the first time since December 13

 
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May 13, 2025 - The Indian stock market witnessed a historic surge yesterday, May 12, with both the indices closing with the biggest single-day gain. The Sensex closed at 82,430, up by 2,975 points or 3.74%, while the Nifty jumped 917 points or 3.82% to settle at 24,925. Previously, on June 3, 2024, the Sensex had gained 2,507 points and the Nifty 733 points. The Nifty witnessed its best day in four years.

This is also the highest level for both benchmark indices in the past seven months. The Sensex touched the 82,000 level again for the first time since December 13.

According to market analysts, this rally has come on the back of positive global cues what with the global and domestic scenario looking up again. The easing of tension between India and Pakistan was a key factor for the positivity in Indian stock market. This rally has given the market a major boost and the upward trend is likely to continue, believe analysts. Any dip should be bought into, is the advice.

In opening trade today, May 13, the markets were trading lower with Sensex declining more than 900 points and Nifty was below 24,700. IT and banks were the laggards in early trade.

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