Sensex Today | Stock Market Highlights: The Sensex closed 58 points higher at 75,997, while the Nifty gained 30 points to settle at 22,960. The rally was primarily led by financial stocks, with HDFC Bank, Reliance Industries, and IndusInd Bank emerging as the top contributors to Nifty’s gains.
Sensex Today | Stock Market Highlights: The Indian stock market ended higher on Monday, snapping an eight-day losing streak, as benchmark indices staged a recovery amid persistent volatility. The Nifty Bank index climbed 159 points to end at 49,259, while the Nifty Midcap index gained 196 points to close at 49,850.
In the pharmaceutical sector, Glenmark Pharmaceuticals defied a weak Q4 performance and held on to its FY25 guidance, leading to a 4% rise in its stock. GSK Pharma emerged as one of the top midcap gainers, surging 20% following a robust Q3 earnings report. Meanwhile, JSPL rebounded sharply from its intraday lows as promoters purchased additional shares.
On the downside, selling pressure continued in stocks like PB Fintech, Supreme Industries, and Varun Beverages. Mahindra & Mahindra (M&M) ended the session 4% lower despite reporting strong bookings for its electric vehicles. Bharti Airtel also closed near its day’s low amid reports that Singtel is planning a stake sale.