The BSE Sensex index closed at 82,755.51, marking a substantial rise of 700.4 points, or 0.85 per cent. Similarly, the Nifty50 advanced to 25,244.75, up by 200.40 points, or 0.8 per cent.
Indian equity markets continued their upward trajectory for a second consecutive session today, buoyed by robust gains in media and technology stocks. Investor sentiment received a significant boost from falling global oil prices and reports of a ceasefire between Iran and Israel, alleviating recent geopolitical concerns.
The BSE Sensex index closed at 82,755.51, marking a substantial rise of 700.4 points, or 0.85 per cent. Similarly, the Nifty50 advanced to 25,244.75, up by 200.40 points, or 0.8 per cent.
Broader markets also participated in the rally, with the Nifty MidCap index gaining 0.44 per cent and the Nifty SmallCap index outperforming with a rise of 1.5 per cent.
Sectoral performance highlighted the strength in specific segments. The Nifty Media, IT, and Consumer Durables indices emerged as the top gainers, climbing 1.99 per cent, 1.64 per cent, and 1.43 per cent, respectively.
Among the Sensex heavyweights, Titan Company, M&M, Infosys, Power Grid, TCS, and Bharti Airtel were the top performers, witnessing gains of up to 3.6 per cent. Conversely, BEL, Kotak Mahindra Bank, and Axis Bank were among the top losers, declining by up to 3 per cent.
Further reflecting the improved market sentiment, India VIX, the key volatility index, dropped by nearly 5 per cent to 12.96 points, indicating a decrease in market fear.
Today’s market performance underscores renewed investor confidence, driven by a more stable international landscape and positive domestic sector-specific developments.
