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From the depths of May’s crisis — crude at $111.83, rupee at ₹96.14, Nifty intraday low of 23,262, FPI outflows at the worst annual pace in Indian market history — Monday’s close at 24,032.75 (+313 points, +1.32%) is the market’s definitive statement that the worst is over. The Sensex surged 1,058.51 points ……
Wall Street made history on Friday — the Dow Jones Industrial Average closed above 50,000 for the first time ever. GIFT Nifty has responded with a +1.05% surge to 23,970, touching an intraday pre-market high of 23,998. With crude below $100 (WTI), US Secretary of State Marco Rubio visiting New Delhi, and the RBI dividend boosting government finances — Monday has the most constructive setup of all of May 2026.