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Share Market Today: Sensex Surges 520 Points, Nifty Up 161 Pts – What’s Behind The Rally?

On the corporate front, several key companies reported their quarterly earnings today, showing stable outlook for the future.

India’s share market indices, Sensex and Nifty50, ended the day's trade in green on Wednesday, April 23, 2025. The Sensex (index with top 30 firms) surged 520.90 points to close at 80,116.49 on Wednesday. Meanwhile, Nifty50 (index with top 50 firms) was up 161.70 points to close at 24,328.95 points.

Sensex and Nifty50, opened in green on Wednesday. The Sensex surged 468.75 points to open at 80,064.34 points on Wednesday. Meanwhile, Nifty50 opened 136.25 higher at 24,303.50 points.

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Indian share market on Wednesday closed on a strong note on the back of the optimism around the potential India-US trade bilateral deal, continued foreign investment and positive economic indicators.

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Market experts viewed high-level engagement between the Indian Prime Minister Narendra Modi and US Vice President JD Vance as a significant development for economic and trade cooperation between the two nations. Analysts noted that Indian equities are showing resilience and outperforming despite weak global cues, attributing this to strong domestic fundamentals and renewed optimism over Indo-US ties.

Moreover, on the corporate front, several key companies reported their quarterly earnings today, showing stable outlook for the future.

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What Else For Share Market?

"The mood is sombre in the country after the massacre of tourists by terrorists in Kashmir. Markets will be on edge, in the past Indian security forces retaliation has led to short-lived market declines," said Ajay Bagga, market and banking expert in the morning.

"Indian markets will be enthused by the US moves and sentiment recovery. Indian futures are pointing to a gap up this morning, but be watchful as markets are moving on statements from US officials and not on fundamentals globally," he further said.

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