The BSE Sensex surged by 540 points (0.66%) to settle at 82,727, while the NSE Nifty 50 gained 159 points (0.60%), closing at 25,220.
Indian equity benchmarks closed positively today, mirroring a strong performance across Asian markets. The optimism was primarily fueled by the news of a secured trade deal between Japan and the United States, which boosted global investor confidence.
The BSE Sensex surged by 540 points (0.66%) to settle at 82,727, while the NSE Nifty 50 gained 159 points (0.60%), closing at 25,220.
Broader Market Performance and Key Movers
The broader market indices on the BSE also ended in the green, albeit with more modest gains. The Mid-Cap index advanced over 0.2%, and the Small-Cap index saw a gain of 0.05%.
Top Performers and Laggards on the Sensex
Out of the 30 companies in the Sensex pack, 23 closed in positive territory, indicating a broad-based upward movement.
Top Gainers:
- Tata Motors led the pack, jumping 2.5%.
- Bharti Airtel climbed 2%.
- Bajaj Finance advanced 1.7%.
Top Laggards:
- Hindustan Unilever saw a decline of 1.20%.
- Bharat Electronics and UltraTech Cement both dropped 0.7%.
Sectoral Performance at a Glance
A significant majority of sectors at the BSE (17 out of 21) concluded the day with gains, highlighting the widespread positive sentiment.
Top Performing Sectors:
- Telecommunication was the standout performer, surging 1.14%.
- Auto climbed 0.86%.
- Bankex increased by 0.75%.
Sectors Under Pressure:
- Realty dipped significantly by 2.60%.
- FMCG slipped 0.46%.
- Capital Goods fell 0.31%.
Market Breadth and Key Milestones
Despite the benchmark indices closing higher, the overall market breadth at the BSE was slightly negative. A total of 2,025 companies declined compared to 2,005 companies that advanced, with 168 remaining unchanged.
On the National Stock Exchange, 71 companies reached their 52-week high, showcasing strong individual stock performance, while 25 hit their 52-week low, indicating some underlying weakness in certain counters.
This rehash provides a more detailed breakdown of the market’s performance, including specific percentages for sectoral changes and a clearer distinction between top gainers and laggards. It also adds a touch of analysis regarding the overall market breadth.
