Stock Markets Soar as Economy Surges: Sensex Jumps 360 Points on First Day of the Month

Domestic stock markets kicked off the new month with record-breaking gains, buoyed by a stronger-than-expected 8.2% GDP growth in Q2, which exceeded analysts’ forecasts.

The BSE Sensex rose 360 points (0.41%), opening at 86,159, while the NSE Nifty 50 surged 120 points to a new high of 26,326. The Nifty Bank index also reached a record 60,114, reflecting investor optimism.

Earlier, on 27 November, Sensex had touched 86,055.86, and Nifty 50 had reached 26,310.45. Today’s early trading, however, set fresh milestones for both indices. Among Sensex’s 30 stocks, BEL, Tata Motors Passenger Vehicles, SBI, Tata Steel, and HCL Tech led the rally, gaining more than 1% each. In contrast, Bajaj Finance, ITC, and Titan witnessed some decline.

Expert Insights

V.K. Vijaykumar, Chief Investment Strategist at Geojit Investments, said, “The 8.2% GDP growth in the second quarter has surpassed all expectations. This strong rebound indicates a robust economy despite Trump-era tariffs. We expect India’s economy to achieve around 7.2% growth in FY26.”

International cues also supported the rally. After Thanksgiving in the U.S., a short trading session saw gains in retail and technology stocks. Expectations of interest rate cuts by the Federal Reserve in December further boosted investor sentiment. Key U.S. indices closed higher, with the Dow Jones Industrial Average up 0.61% at 47,716.42, S&P 500 rising 0.54% to 6,849.09, and the Nasdaq Composite climbing 0.65% to 23,365.69.

The combination of strong domestic GDP growth, sectoral recoveries, and positive global cues has set a confident tone for Indian markets as December begins.