
Indian markets closed strongly on Monday, October twenty-seven, twenty twenty-five, with the Sensex surging five hundred sixty-seven points to eighty-four thousand seven hundred seventy-eight and the Nifty gaining one hundred seventy points to close at twenty-five thousand nine hundred sixty-six, both up point six seven percent. The rally was driven by optimism surrounding a potential US-China trade deal framework and softer US inflation data that fueled expectations of further Fed rate cuts. PSU Bank, Realty, Metal, and Oil & Gas sectors led the gains, while top performers included Bharti Airtel, SBI Life, and Reliance Industries. Vodafone Idea surged eleven percent after the Supreme Court allowed the Centre to reconsider its AGR dues. Technically, Nifty held support at twenty-five thousand seven hundred with resistance at twenty-six thousand, and a break above could trigger a move towards twenty-six thousand five hundred. Gold and silver prices declined on MCX as safe-haven demand weakened, while the rupee depreciated to eighty-eight point two four per dollar. The positive sentiment was bolstered by global cues including Japan's Nikkei crossing fifty thousand and Wall Street hitting record highs, with all eyes now on the Fed meeting scheduled for Wednesday where a twenty-five basis point rate cut is widely expected.