Stock Market Ends On A High Note: Sensex, Nifty Extend Gains; Details Inside

The gains were driven by buying in select heavyweight stocks, with investor sentiment remaining optimistic amid steady global cues

The BSE Midcap and Smallcap indices closed with modest gains

Source : ABPLIVE AI

The Indian stock market ended on a positive note on Thursday, with both benchmark indices closing higher. The BSE Sensex closed at an indicative level of 83,432.89, gaining 193.42 points or 0.23 per cent. Meanwhile, the NSE Nifty also moved up, settling at 25,467.10, up by 61.80 points or 0.24 per cent. The gains were driven by buying in select heavyweight stocks, with investor sentiment remaining optimistic amid steady global cues.  Around 1,962 stocks advanced, 1,612 declined, while 102 remained unchanged on the BSE.

The BSE Midcap and Smallcap indices posted modest gains by the close.

All sectoral indices ended in the green except auto, telecom, and metal. Notable gains were seen in banking, pharma, oil & gas, IT, realty, and media sectors, which rose between 0.4 per cent and 1 per cent.

Top gainers on the Nifty included Bajaj Finance, Infosys, Dr. Reddy’s Laboratories, ICICI Bank, and Hindustan Unilever. On the losing side were Trent, Tata Steel, Eicher Motors, Tech Mahindra, and IndusInd Bank.

Vinod Nair, Head of Research, Geojit Investments, noted, "The Indian market is experiencing a pause as investors adopt a wait-and-watch strategy ahead of the impending US tariff deadline with mixed global cues. Ongoing FII outflows reflect a risk-off approach, while DII inflows are offering partial support. Following the recent rally, main indices are hovering near peak valuation levels, limiting further upside, which is highly dependent on Q1 earnings and details of the trade deal. In the mid- and small-cap space, the market has shifted to being more stock-specific following the recent recovery."

Previous Trading session

In the previous trading session on Thursday, Indian equity benchmarks closed lower after a choppy day of trade, with the Nifty ending just above the 25,400 mark. The Sensex declined by 170.22 points, or 0.20 per cent, to settle at 83,239.47, while the Nifty slipped 48.10 points, or 0.19 per cent, to close at 25,405.30. Market breadth remained balanced, with 1,947 stocks advancing, 1,912 declining, and 154 ending unchanged.