Sensex recovers 350 points with Nifty above 24,600 as investors respond to Trump-Putin summit anticipation, sectoral gains, and positive global market cues.
Today, on August 12, 2025, India’s benchmark indices demonstrated robust recovery with the Sensex rising approximately 350 points from its intraday low, trading at 80,674.66, while the Nifty 50 index breached the 24,600 mark. This upward momentum was driven by renewed investor optimism influenced by geopolitical developments and positive cues from global markets.
Investor sentiment was buoyed by anticipation around the upcoming summit in Alaska between US President Donald Trump and Russian President Vladimir Putin, focusing on critical geopolitical issues including the ongoing Russia-Ukraine conflict. Market participants expect that progress in these talks could ease global trade tensions and potentially mitigate the impact of additional tariffs, particularly the 25% punitive tariff imposed on India’s crude oil imports from Russia.
Leading contributors to the rally included marquee stocks such as Maruti Suzuki India, Tech Mahindra, Hero MotoCorp, Mahindra & Mahindra, and Tata Steel, with intraday gains reaching up to 3%. The breadth of the market was notably positive, with 2,070 shares advancing against 1,443 declining, signaling broad-based buying interest.
Also Read: Trump’s Tariff Surge Targets Foreign Goods – But U.S. Market May Pay the Price
Asian markets set an encouraging tone for Indian equities, with South Korea’s Kospi, Japan’s Nikkei 225, China’s SSE Composite, and Hong Kong’s Hang Seng all recording gains. Wall Street futures also pointed towards a favorable opening for US markets, supporting risk appetite among domestic investors.
The Indian rupee strengthened modestly by 10 paise to 87.65 against the US dollar in early trading, reflecting confidence in domestic equities amid ongoing global trade uncertainties.
Information technology stocks outperformed, led by a strong rally in the Nifty IT index. Stocks such as Oracle Financial Services Software, Persistent Systems, Coforge, and Tech Mahindra benefited from expectations of an imminent US Federal Reserve rate cut, which could provide liquidity support to growth sectors. Market participants are closely monitoring upcoming US inflation data for further directional cues.
From a technical perspective, market strategists indicate that sustaining levels above 24,590 on the Nifty could unlock further gains towards the 25,000 psychological milestone. Conversely, a decline below 24,450 could signal weakening momentum, with critical support near the 200-day simple moving average at 24,049 likely to be closely watched.
This market rebound highlights the sensitive interplay between geopolitical developments, macroeconomic indicators, and sectoral performance driving India’s equity markets.
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