Sensex Soars Over 300 Points, Nifty Surpasses 24,650; Auto, Metal Stocks Lead Gains

Indian equity benchmarks Sensex and Nifty50 surged on Monday, breaking a five-week losing streak, as investors digested developments around U.S. tariffs and the Federal Reserve’s policy outlook amid weaker-than-expected labor market data. Sector Watch: Sector-wise, indices such as Nifty Auto, Metal, Financial Services, FMCG, Pharma, PSU Bank, Consumer Durables, and Oil & Gas traded in the green. However, the Nifty IT index underperformed, remaining in negative territory. Global Cues: U.S. employment data for July came in below expectations, with downward revisions to figures from the prior two months. This has fueled speculation of a potential interest rate cut by the U.S. Federal Reserve in September. Lower rates tend to reduce U.S. Treasury yields and soften the dollar, improving the attractiveness of emerging markets like India — a positive signal following consistent foreign fund outflows. Top Stock Moves of the Day:

r drops 3% following its Q1 results. Is this a buying opportunity? l Bank declines 5% as Q1 net profit dips 15% YoY. Delhivery rallies 5% after reporting a 68% YoY surge in Q1 profit. n climbs 4% after securing a ₹1,500 crore railway project. Disclaimer: This is not investment advice. The information is provided solely for informational purposes. Please consult a financial advisor before making any investment decision.