Sensex Today | Stock Market Highlights: The NSE Nifty 50 rose 136 points, or 0.54%, to close at 25,182, while the S&P BSE Sensex advanced 398 points to 82,172. Market breadth favoured advances, with mid- and small-cap stocks continuing to outperform. The Nifty Midcap 100 climbed 0.97% to 58,430, and the Nifty Bank index added 174 points to 56,192.
Sensex Today | Stock Market Highlights: The stock market ended higher on Thursday, led by gains in information technology and metal stocks, as investors positioned themselves ahead of TCS earnings and took comfort from a broad-based rebound across sectors.The NSE Nifty 50 rose 136 points, or 0.54%, to close at 25,182, while the S&P BSE Sensex advanced 398 points to 82,172. Market breadth favoured advances, with mid- and small-cap stocks continuing to outperform. The Nifty Midcap 100 climbed 0.97% to 58,430, and the Nifty Bank index added 174 points to 56,192.
IT shares extended gains for a second straight session ahead of Tata Consultancy Services’ (TCS) September-quarter results, with the Nifty IT index up 1%. TCS rose 1% to end at the day’s high. Metal names also supported the upmove, rising 2% as global prices firmed, while insurance stocks advanced ahead of monthly business data, with SBI Life emerging as the top gainer.
Pharma counters saw a relief rally after reports said certain generic drugs were excluded from tariff lists, boosting Aurobindo Pharma by 4%. Capital market stocks rallied on reports that the regulator may soon release a consultation paper on derivative trading rules, pushing BSE shares up 4%.
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