Indian equity benchmarks closed Thursday’s trade on a higher note, supported by positive global cues. The Nifty 50 ended the day 140 points or 0.54% higher at 26,192, while the BSE Sensex rose 448 points or 0.52% to end at 85,633.
The Nifty Bank settled 132 points or 0.22% higher at 59,348. The small-cap and mid-cap stocks closed the trade on a lower note. The BSE Midcap finished 60 points or 0.13% higher at 47,268.84. The BSE Smallcap finished 88 points or 0.17% lower at 52,695.
“Indian equities rose on optimism around India–US trade talks and progress on phase-1 agreements, boosting overall market sentiment. Global cues also remained strong, led by tech-driven gains following solid earnings. Fresh FII inflows and strength in large-cap sectors such as Auto, Financials, and IT supported the upbeat trend. The near-term outlook remains positive, though investors should stay cautious ahead of key U.S. economic data that may create short-term volatility,” said Vinod Nair, Head of Research at Geojit Investments.
Big highlights from today’s market action-
Indices in intraday trade
The indices closed the trade on a higher note. During the session, out of 3,202 trading stocks, 1,385 advanced, while 1,721 declined, and 96 remained unchanged. Today, 82 stocks hit a fresh 52-week high. Meanwhile, 138 stocks touched a new 52-week low.
Top gainers
Eicher Motors was the top gainer in the Nifty 50 in Thursday’s session, closing 3.3% higher. It was followed by Bajaj Finance, Bajaj Finserv, Reliance Industries, and Tech Mahindra.
Top losers
Asian Paints’ shares were the biggest losers in today’s trade, declining 1.2%. It was followed by HCL Technologies, Titan, Hindustan Unilever, and ONGC were the only losers.