Capital market-linked stocks witnessed strong buying interest in early trade as broader markets staged a sharp recovery, with the Nifty reclaiming the 24,200 mark amid improving global sentiment.
Shares of Angel One rose over 6% intraday, while BSE Ltd gained nearly 3%. Motilal Oswal Financial Services also moved higher, alongside strong traction in Groww, which is now almost doubled from its IPO price reflecting broad-based momentum across the capital markets ecosystem.
The rally comes as investor sentiment turned positive following reports of renewed diplomatic engagement between Iran and the United States. Market participants are closely tracking developments suggesting that both nations may meet again this week in Islamabad for another round of talks, raising hopes that tensions in the region may not escalate further.
This easing geopolitical anxiety has lifted global markets, with Asian indices trading higher and US markets closing in the green in the previous session. The improved risk appetite has translated into strong buying across equities, particularly in high-beta segments like capital market stocks.
Capital market companies tend to outperform during periods of market strength as rising indices typically lead to higher trading volumes, increased investor participation, and stronger brokerage revenues. The sharp uptick in volumes and sentiment-driven activity is often reflected quickly in their stock prices.
Additionally, the rebound in benchmark indices has triggered fresh interest from retail and institutional investors, further supporting stocks linked to trading, broking, and exchange businesses.
With global cues stabilising and domestic indices recovering, capital market stocks remain in focus, as they are among the key beneficiaries of any sustained uptrend in market activity.