Indian equities surge as Sensex gains 800 points, Nifty breaks 23,100

Indian stock markets rallied during intraday trading, with the Sensex climbing over 800 points and the Nifty 50 index surpassing the 23,100 level. The broad-based gains reflected investor confidence in the near-term outlook for Indian equities, which have been a focal point for domestic and international investors.

Market participants pointed to several factors sustaining the upward trajectory. Corporate earnings growth has shown sustained improvement across major sectors, providing fundamental support for equity valuations. Large-cap stocks, in particular, are trading at reasonable valuations relative to their earnings potential, attracting portfolio managers looking for value.

Domestic liquidity has remained a key underpinning for the market rally. Strong inflows from domestic institutional investors and retail participation have provided consistent buying interest on market dips, helping stabilize prices and support sentiment. This sustained fund flow has cushioned against volatility from global market movements.

Analysts expect the positive momentum to persist if corporate earnings maintain their trajectory and domestic investment flows remain healthy. However, market participants remained watchful of global economic developments and monetary policy signals that could influence investor sentiment in the coming sessions.