Overview

• The Sensex surged 2,975 points to close at 82,429.90, while the Nifty jumped 916 points to end at 24,924.70, marking their largest single-day gains in a year.
• The rally was driven by a US-China trade truce and a ceasefire agreement between India and Pakistan, signaling improved geopolitical stability.
• Tata Steel reported a 116.5% year-on-year rise in net profit for Q4, reaching Rs 1,200.9 crore, supported by higher other income and reduced exceptional losses.
• Major block deals included Antfin's plan to sell a 4% stake in Paytm for over Rs 2,000 crore and General Atlantic's sale of a 6.9% stake in Kfin Technologies worth Rs 1,209.5 crore.
• SEBI's interim order led to the resignation of Gensol Engineering's Managing Director Anmol Singh Jaggi and Whole-time Director Puneet Singh Jaggi over governance concerns.