Stock market explodes! Sensex and Nifty rocket at opening bell after stunning GDP surge

Major gainers included Bharat Electronics, SBI, Tata Motors PV, Tata Steel, Infosys and Reliance Industries, while ITC, Bajaj Finance and Titan traded lower.

In the broader market, the Nifty MidCap index rose 0.37% and the Nifty SmallCap index gained 0.64%.

Sectoral indices such as Nifty Bank, Nifty Metal and Nifty PSU Bank also remained strong.

The upbeat sentiment follows India’s Q2 GDP growth hitting a six-quarter high of 8.2%, boosting investor confidence.

Key Triggers This Week

Reserve Bank of India (RBI) Monetary‑Policy Decision

Markets are watching closely for the outcome of the RBI’s upcoming policy meeting. Any surprises on rates or monetary stance could sway investor sentiment.

November Automobile Sales Data

Auto‑sales numbers (passenger vehicles, two‑wheelers, commercial vehicles) — due this week — will act as a barometer of consumer demand and rural/urban economic health. Strong sales may boost auto and consumption‑linked stocks.

Foreign Institutional Investor (FII) Flows & Global Capital Flows

FII activity remains a critical variable. Inflows could lift markets, while renewed selling might pressure valuations. Many analysts see institutional flows as central to near‑term market movement.

Global Economic Cues and Global Markets Sentiment

Developments abroad — especially in the U.S. and global interest‑rate/ inflation outlooks — will influence risk appetite, emerging‑market flows, and therefore Indian equities.

Valuations and Technical Momentum (Sensex/Nifty Near Record Highs)

With benchmarks recently at or near all-time highs, technical levels, momentum trades, and profit‑booking become relevant. How the markets respond to these levels — whether consolidation or breakout — could matter a lot this week.