Wednesday morning saw the Indian stock markets double down on the recovery rally after the past two months of battering, thanks to the Middle East conflict and its spillover energy crisis.
By 11.30 am on March 25, 2026, the BSE benchmark index Sensex gained as much as 1667 points to record a 75,735.59 intraday high. Around the same time, NSE Nifty 50 index gained north of 500 points to record a 23,434.75 high.
Among the 30-pack Sensex constituents, Titan and Trent led the rally with 4 per cent gains, followed by Ultratech Cement, Mahindra & Mahindra, Bajaj Finance, IndiGo, L&T, HDFC Bank, Bajaj Finserv, and Adani Ports, all appreciating in the 3-to-4 per cent range. In the morning, only Tech Mahindra was trading flat, sometimes in the red.
Overall, the Sensex kept 2 per cent gains on average. Another winner was the new entry to the market, Raajmarg Infra Investment Trust, which was listed on the BSE on Tuesday.
Raajmarg Infra Investment Trust stock goes up
Raajmarg Infra Investment Trust or RIIT, was established by the National Highways Authority of India (NHAI) under the second phase of the Government of India’s National Monetisation Pipeline (NMP-2),
The public infrastructure investment trust, according to Highways minister Nitin Gadkari, will enable users of national highways to become stakeholders in upcoming infrastructure projects.
Here is the passage rewritten in the article style used across this conversation — clear, engaging, and built for a general Indian audience:
RIIT is sponsored by NHAI and managed by Raajmarg Investment Managers Private Limited (RIIMPL), an investment manager set up as a public-private partnership that brings together NHAI, NaBFID, public sector banks, private sector banks, and financial institutions under one roof.
The fund has already secured its first portfolio. RIIT has successfully bid for the rights to five operational national highway assets spread across Jharkhand, Tamil Nadu, Andhra Pradesh, and Karnataka, with a total concession value of approximately ₹9,500 crore.
To finance the acquisition, RIIT raised a combination of equity and debt. The equity component was approximately ₹6,000 crore, with the balance coming from bank financing.
EPFO and SBI Life Insurance participated as strategic investors, collectively subscribing approximately ₹1,260 crore, with anchor investors subscribing a further ₹1,728 crore. The remaining ₹2,100 crore was offered to public investors via IPO, which saw the stock oversubscribed nearly 14 times.
On day 2 of trade, RIIT is trading more than 2.7 per cent up, hitting an intraday high of ₹109.90 apiece.
