Market Cap Jumps ₹16 Lakh Crore as Sensex Hits 77,605 Peak

Historic Rally Propels Indian Markets to New Heights Indian equity markets delivered one of their most spectacular single-session performances in recent memory, with the BSE Sensex surging to an intraday high of 77,605 and the Nifty jumping 900 points. The rally added a staggering ₹16 lakh crore to the total market capitalization of BSE-listed companies, pushing the aggregate value from ₹429 lakh crore to ₹445 lakh crore—a 3.7% increase in a single trading session. This broad-based surge was primarily triggered by reduced geopolitical tensions in key regions and a sharp collapse in crude oil prices, which provided immediate relief to import-dependent sectors. The Sensex's 3,000-point gain represents one of the largest single-day point increases in the index's history, while the Nifty's performance underscores the depth and breadth of today's rally across market segments. The momentum was supported by strong institutional buying and a marked improvement in risk sentiment as global uncertainty indicators retreated. Market participants viewed the geopolitical de-escalation as a catalyst for sustained economic growth, particularly benefiting sectors with high international exposure. Sector Leaders Drive Market Cap Expansion Information Technology emerged as the standout performer, with NSE: TCS and NSE: INFY leading the charge. TCS gained 4.2% to close at ₹4,145, adding approximately ₹48,000 crore to its market capitalization in a single session. Infosys posted similar gains of 4.1%, with both companies benefiting from reduced global recession fears and improved client spending visibility. Banking and financial services contributed significantly to the market cap surge, with NSE: HDFCBANK advancing 3.8% and adding ₹35,000 crore in market value. The bank's performance was particularly noteworthy given its 22.3% weight in the Sensex, contributing nearly 850 points to the index's gain. Banking stocks rallied on expectations of stable credit growth and improved net in...