Sensex Today | Stock Market Highlights: Benchmark indices ended higher for the third consecutive session, supported by improved sentiment following commentary around the West Asia conflict. The Sensex rose 787 points to close at 74,107, while the Nifty gained 255 points to settle at 22,968, ending near the day’s high.
Benchmark indices ended higher for the third consecutive session, supported by improved sentiment following commentary around the West Asia conflict. The Sensex rose 787 points to close at 74,107, while the Nifty gained 255 points to settle at 22,968, ending near the day’s high.
Market breadth remained strong, with the NSE advance-decline ratio at 4:1, indicating broad-based buying. Of the 30 Nifty constituents, 27 stocks closed in the green, led by gains in banking and financial stocks.
The Nifty Bank index advanced 1,060 points to 52,609, with all its constituents ending higher. Axis Bank gained 4%, while HDFC Bank rose 3% after reporting better-than-expected Q4 business growth. ICICI Bank, L&T, and Titan were among the other key contributors to the index’s gains.
Among individual stocks, Trent was the top Nifty gainer, rising 8% after reporting a 20% increase in March quarter revenue. TVS Motor added 3% after an upgrade by Goldman Sachs, while NMDC gained over 4% following an iron ore price hike.
In the broader market, midcaps outperformed, with the Midcap index climbing 816 points to 54,493. L&T Finance Holdings rose 6% after strong growth in retail disbursements, while Senco Gold gained over 11% on the back of robust revenue growth.
On the downside, Eicher Motors declined nearly 1%. Chennai Petroleum and MRPL fell up to 5% after oil marketing companies reduced refined product prices.