Sensex zooms 2,900 points, Nifty eyeing 25K. Should you trust the stock market rally or it’s a trap in disguise?

Dalal Street staged a powerful comeback as the Sensex surged over 2,900 points and the Nifty crossed 24,900, driven by a surprise India-Pakistan ceasefire, easing global tensions, and robust foreign inflows. Analysts remain cautiously optimistic, citing strong domestic macros but flagging risks in pharma and the potential for short-term overenthusiasm as geopolitical and economic uncertainties persist.