Nifty Nears 24,000 as Indian Equities Rebound on Easing Geopolitical Fears

4 articles · Updated · TradingView · May 22

Indian equities posted strong morning gains, pushing the Nifty back toward 24,000 as midcaps and smallcaps outperformed in a broad risk-on rebound.
Steady domestic liquidity underpinned the move: SIP, EPFO and retirement inflows kept absorbing earlier foreign selling, while easing geopolitical fears and calmer crude prices drew buyers back into beaten-down shares.
The rebound also reflects improving global sentiment, with hopes of major central-bank rate cuts, steadier US data and reduced fears of a wider West Asia conflict lifting appetite for emerging-market risk.
Earnings have slowed but not collapsed—industrials, power, capital goods, telecom and utilities still show solid order books—yet rich valuations, margin pressure and weak consumption keep investors from calling this a new bull market.
The more likely backdrop is a selective, rotational market in which abundant liquidity supports dip-buying, but sector leadership keeps shifting and returns stay harder to capture.

Can India's domestic liquidity shield its markets from rising global protectionism and wary foreign investors?

With mid-caps hailed as the market's 'sweet spot', is the era of large-cap dominance in India officially over?

Amid America's new protectionist stance, how will India's push for 100% FDI in key sectors succeed?