Sensex, Nifty Surge: Trump's Trade Deal Remarks Fuel Market Rally

The domestic cement sector continues to maintain a positive trajectory, with industry expecting a steady 6-8 percent growth rate.

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Moneycontrol•22-01-2026, 16:00

Sensex, Nifty Surge: Trump's Trade Deal Remarks Fuel Market Rally

•Indian benchmark indices Sensex and Nifty closed higher, with Sensex up 397.73 points and Nifty gaining 132.40 points.
•Key factors driving the market rise included positive global cues, easing geopolitical concerns, and optimism surrounding an India-US trade deal.
•US President Donald Trump's withdrawal of tariff threats on EU countries over Greenland eased fears of a wider trade conflict.
•Top Nifty50 gainers included Dr. Reddy's Laboratories, Coal India, and Adani Ports, while SBI Life Insurance and ETERNAL were major laggards.
•India VIX eased, the rupee recovered, and gold/silver ETFs declined, indicating a shift towards riskier equity investments.

Why It Matters: Indian markets rallied significantly, driven by global trade optimism and hopes for an India-US trade deal.

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