Sensex surges 1,225 points as Indian stock market adds Rs 4 lakh crore in valuation rally

Sensex and Nifty scale new heights

Indian equities staged a powerful rally on Tuesday, adding nearly Rs 4 lakh crore to the market capitalisation of BSE-listed companies as robust domestic economic momentum and foreign institutional buying lifted investor confidence.

The 30-share BSE Sensex surged 1,225 points, or 1.62 per cent, to close at 76,917.85. Simultaneously, the broader NSE Nifty 50 advanced by 370 points, or 1.58 per cent, finishing at 23,810.85. The gains were driven by softening international crude oil prices, sustained capital inflows from foreign institutional investors, and market expectations surrounding potential reviews of the long-term capital gains tax structure.

Judicial clarity on public order

Parallel to the positive sentiment in financial markets, national governance received a significant boost in legal clarity. The Supreme Court ruled that designated demonstration venues cannot be occupied indefinitely by any organisation, emphasising the fundamental balance between peaceful assembly and civic functionality.

A bench led by Chief Justice of India Surya Kant stated during a hearing on pleas by traders' associations in Delhi that the right to protest must not infringe upon the fundamental rights of other citizens or prevent competing groups from demonstrating. The court instructed authorities that any orders granting or denying protest permissions must explicitly articulate their reasoning, reinforcing transparent governance and urban mobility.

Law enforcement and global developments

In another major law enforcement breakthrough, Sourabh Chandrakar, a primary accused in the Mahadev Online Book betting syndicate, was extradited to India from Oman following formal legal proceedings. Investigators allege Chandrakar managed an international betting network operating out of Dubai after starting his career in Chhattisgarh.

Overseas, voting commenced in the United States midterm elections to determine control of the Senate and the House of Representatives, amidst public focus on living costs and American foreign policy.