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Sensex Today: After pausing a six-session rally on Friday, Indian equity benchmarks resumed their upward momentum on Monday amid optimism over an imminent US-China trade deal. Softer-than-expected US inflation data also boosted hopes of two more rate cuts in 2025.

The BSE Sensex gained 566.96 points, or 0.67%, to close at 84,778.84, while the NSE Nifty50 advanced 170.9 points, or 0.67%, to end at 25,966.05.

The rally followed US Treasury Secretary Scott Bessen’s comments on Sunday that President Trump’s proposed 100% tariffs on Chinese goods were “off the table," with China agreeing to increase soybean imports and delay rare earth export restrictions.

In the broader market, the Nifty MidCap and Nifty SmallCap indices rose 0.93% and 0.82%, respectively.

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