Indian Shares Rise on U.S. Trade Optimism and Bihar Exit Poll Boost
Indian equities opened higher on Wednesday, buoyed by optimism surrounding progress in trade talks with Washington and growing expectations that the prolonged U.S. government shutdown may soon come to an end. Sentiment was further lifted by exit polls in Bihar predicting a victory for the ruling National Democratic Alliance (NDA), which investors viewed as a sign of political stability.
At 9:25 a.m. IST, the Nifty 50 rose 0.57% to 25,840.10, while the BSE Sensex added 0.60% to 84,368.85. Both benchmark indices had gained around 0.5% on Tuesday, supported by similar optimism over a potential India–U.S. trade deal and signs that the U.S. Congress was moving closer to ending the federal shutdown. “Bulls are in charge, buoyed by exit polls in Bihar predicting the ruling alliance’s landslide and optimism over a trade breakthrough,” said Prashanth Tapse, Senior Vice President of Research at Mehta Equities.
Among the 16 major sectors, 15 advanced in early trade, reflecting broad-based market strength. The small-cap and mid-cap indices also rose about 0.6% each, signaling strong investor confidence across market segments. Analysts noted that the combination of political stability at home and easing global uncertainties could continue to support Indian equities in the near term.
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