Sensex jumps over 700 points, Nifty regains 26,000-level in early trade
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Mumbai (PTI): Equity benchmark indices Sensex and Nifty surged in early trade on Thursday amid growing optimism on the US-India trade deal front.
Fresh foreign fund inflows and buying in IT stocks also drove the markets higher during the initial trade.
The 30-share BSE Sensex jumped 734.36 points to 85,160.70 in early trade. The 50-share NSE Nifty surged 198.3 points to 26,066.90.
From the Sensex firms, Infosys, HCL Tech, Tech Mahindra, Axis Bank, Hindustan Unilever and Kotak Mahindra Bank were among the gainers.
However, Eternal and Bajaj Finserv were the laggards.
"Reports of an imminent trade deal between India and US is doing the rounds in market circles and the market reaction through Nifty implied open confirms this. The market rally which has already begun in the festival season will accelerate enabling the Nifty to set new record highs.
"Unprecedented record sales during the last few days has the potential to improve corporate earnings. FIIs turning buyers recently and short covering are factors that can fuel the rally. Clearly, it is advantage bulls!," V K Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.
In Asian markets, South Korea's Kospi traded higher while Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng quoted lower.
US markets ended in negative territory on Wednesday.
Foreign Institutional Investors (FIIs) bought equities worth Rs 96.72 crore on Tuesday, according to exchange data.
"Dalal Street kicked off Samvat 2082 on a jubilant note, with the Sensex and Nifty marking their fifth straight day of gains during the Mahurat trading session. The mood remains buoyant as the US reportedly plans to slash tariffs on Indian imports to just 15–16 per cent — a game-changing move that could supercharge India's trade competitiveness and exports," Prashanth Tapse, Senior VP (Research), Mehta Ltd, said.
Global oil benchmark Brent crude jumped 2.56 per cent to USD 64.19 a barrel.
Equity markets were closed on Wednesday on account of Diwali Balipratipada.
In a special one-hour Muhurat trading session on Tuesday, the Sensex rose by 62.97 points or 0.07 per cent to settle at 84,426.34. The Nifty went up by 25.45 points or 0.10 per cent to settle at 25,868.60.
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Coastal Karnataka History Summit logo unveiled in Bhatkal; call for research papers issued
Bhatkal: Preparations are under way for the upcoming Coastal Karnataka History Summit, with the official logo of the academic event unveiled at Dawat Centre by Students Islamic Organisation of India Bhatkal Unit in Bhatkal on February 22, 2026. The summit is scheduled to be held on May 5, 2026.
The initiative is being organised by the Centre for Education and Research & Analysis (CERA) with the aim of documenting and examining the historical evolution of Coastal Karnataka, including Uttara Kannada, Udupi, Dakshina Kannada and adjoining areas of Kasaragod.
At the launch event, the organisers released the official Call for Papers, inviting scholars, researchers, academicians and students to submit original and unpublished research. Abstracts of 200 words, either in English or Kannada, must clearly mention the research question, methodology and key findings. The deadline for abstract submission is February 28, 2026. Selected participants will be informed by March 15, and full papers must be submitted by April 20.
The summit will centre around five broad themes. One section will explore the trade and economic networks of the coastal belt, including maritime routes, port towns, fisheries and commodity-based exchanges such as pepper trade. Another domain will examine social structures, caste formations and inter-community relations, along with the role of Islamic, Arab, Persian and local traditions in shaping the region’s cultural fabric.
A separate section will focus on the origin and growth of linguistic communities such as Tulu, Konkani, Beary, Moya Malayalam and Navayati. Governance and administration under different rulers — including the Alupa dynasty, Rani Abbakka, Tipu Sultan, the Nawaith Sultans of Bhatkal and developments after Independence — will also be studied. The fifth theme will highlight social reformers such as Narayana Guru, Syed Madani, Malik Deenar, Vakkom Moulavi, Sayyid Fazl Pasha and Kudmul Ranga Rao, and their contributions to education and social reform.
The logo launch programme was attended by senior journalist Dr. Haneef Shabab, JIH Bhatkal President
Bhatkal: Preparations are under way for the upcoming Coastal Karnataka History Summit, with the official logo of the academic event unveiled at Dawat Centre by Students Islamic Organisation of India Bhatkal Unit in Bhatkal on February 22, 2026. The summit is scheduled to be held on May 5, 2026.
The initiative is being organised by the Centre for Education and Research & Analysis (CERA) with the aim of documenting and examining the historical evolution of Coastal Karnataka, including Uttara Kannada, Udupi, Dakshina Kannada and adjoining areas of Kasaragod.
At the launch event, the organisers released the official Call for Papers, inviting scholars, researchers, academicians and students to submit original and unpublished research. Abstracts of 200 words, either in English or Kannada, must clearly mention the research question, methodology and key findings. The deadline for abstract submission is February 28, 2026. Selected participants will be informed by March 15, and full papers must be submitted by April 20.
The summit will centre around five broad themes. One section will explore the trade and economic networks of the coastal belt, including maritime routes, port towns, fisheries and commodity-based exchanges such as pepper trade. Another domain will examine social structures, caste formations and inter-community relations, along with the role of Islamic, Arab, Persian and local traditions in shaping the region’s cultural fabric.
A separate section will focus on the origin and growth of linguistic communities such as Tulu, Konkani, Beary, Moya Malayalam and Navayati. Governance and administration under different rulers — including the Alupa dynasty, Rani Abbakka, Tipu Sultan, the Nawaith Sultans of Bhatkal and developments after Independence — will also be studied. The fifth theme will highlight social reformers such as Narayana Guru, Syed Madani, Malik Deenar, Vakkom Moulavi, Sayyid Fazl Pasha and Kudmul Ranga Rao, and their contributions to education and social reform.
The logo launch programme was attended by senior journalist Dr. Haneef Shabab, JIH Bhatkal President Moulana Syed Zubair SM, SIO Bhatkal President Mohammed Zayan Bangali, Unit Secretary Githreef Rida Manvi and Media Secretary Mashaikh Talish.
Organisers said the summit intends to create a structured academic space for discussing the region’s layered past and bringing local histories into wider public and scholarly discourse. For submissions and queries, researchers may contact coastalkarnatakahistorysummit@gmail.com.
Moulana Syed Zubair SM, SIO Bhatkal President Mohammed Zayan Bangali, Unit Secretary Githreef Rida Manvi and Media Secretary Mashaikh Talish.
Organisers said the summit intends to create a structured academic space for discussing the region’s layered past and bringing local histories into wider public and scholarly discourse. For submissions and queries, researchers may contact
