Sensex Soars 1,500 Points, Reclaims 78K: 8 Key Reasons Behind the Bullish Comeback

Sensex Rebounds 1,500 Points, Tops 78K: 8 Key Reasons Behind the Market Comeback

India’s stock markets staged a dramatic rebound on Thursday (April 17, 2025), ahead of the Good Friday holiday.
Sensex surged over 1,500 points, reclaiming the 78,000 mark
Nifty50 jumped ~450 points, hovering near 23,750

Here’s what powered the bulls on Dalal Street today:

1. Positive Global Cues

Asian markets rallied amid optimism on US-Japan trade talks and dovish Fed signals.
Nikkei rose 1.4%
US futures also surged
Despite tariff worries, sentiment remained resilient.

2. Buying in Heavyweights

Heavyweights led the charge:
HDFC Bank + ICICI Bank: Contributed ~450 pts to Sensex
Reliance Industries: Added 150 pts
Bharti Airtel: Boosted rally by 125 pts

3. Rupee Appreciation

The Indian Rupee gained for the fourth day in a row , thanks to:
Strong economic indicators
FII inflows
Weakening US Dollar amid tariff tensions

4. Lower Oil Prices

Crude prices remain under $70/barrel, despite a modest rise.
Sanctions on Iran and OPEC’s tighter output contributed to stable prices—a big plus for India as a major oil importer.

5. Strong Domestic Demand & FII Interest

Domestic consumption-led sectors are in focus:
Financials, Telecom, Cement, Aviation, Autos
Many stocks are hitting 52-week highs
FIIs turning net buyers due to India’s relatively lower exposure to global trade volatility

“India is the only large market to erase post-April 2 losses,”
said VK Vijayakumar, Chief Strategist at Geojit.

6. Normal Monsoon Forecast

IMD predicts above-average monsoon for 2025—
Good news for agriculture, inflation, and rural demand
Also boosts export potential for rice and other crops

7. Cooling Inflation

Retail inflation dipped to 3.34% in March—
its lowest since September 2019
Driven by softening food prices
Offers RBI room for growth-friendly policy