Final Trade: Markets shine as Sensex gains 158 points, Nifty 6 pts shy of 25,050
Consumer durables index Up 0.55 per cent for third straight day while defense stocks dropped up to 7 per cent.
)
04:48 PM IST
Closing Stock Market Update: Domestic equity markets ended Tuesday’s session on a positive note, with key indices posting gains amid broad-based buying and easing geopolitical tensions. The BSE Sensex closed at 82,055.11, up 158.32 points (0.19 per cent), while the Nifty 50 finished at 25,044.35, rising 72.45 points (0.29 per cent).
Broader markets outperformed with the S&P BSE Mid-Cap and Small-Cap indices gaining 0.56 per cent and 0.72 per cent respectively. Market breadth was strong, with 2,876 shares advancing against 1,014 declines on the BSE.
Among sectors, banking, IT, and energy stocks led the gains, driven by positive cues on crude oil and global markets.
The consumer durables segment saw robust buying interest for the third consecutive session. The Nifty Consumer Durables index rose 0.55 per cent to 37,433.25, adding 2.11 per cent over three sessions. Notable gainers included PG Electroplast (+4.04 per cent), Kajaria Ceramics (+3.22 per cent), Voltas (+1.4 per cent), Blue Star (+1.28 per cent) and Kalyan Jewellers (+1.02 per cent). However, Whirlpool of India (-1.91 per cent) and V-Guard Industries (-0.08 per cent) saw some selling pressure.
Defense stocks, after a strong run, faced profit booking amid easing tensions in the Middle East, with shares of Garden Reach Shipbuilders and BEML falling up to 7 per cent.
Among sectoral gainers, the Nifty PSU Bank index rose 1.5 per cent, followed by Nifty Metal at 1 per cent. Other notable gainers included Nifty Bank, Auto, Private Bank, and Consumer Durables, each up around 0.7 per cent. On the downside, Nifty Media was the sole major loser, slipping 1 per cent.
Pharma and auto sectors also dragged the indices lower, as some investors booked profits following recent rallies.
Analysts remain cautiously optimistic, advising investors to watch closely for upcoming economic data and global developments that could impact market direction.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
Power of Rs 13,000 SIP: How long can it take to turn Rs 13,000 monthly investment into Rs 4,00,00,000 corpus?
)
15x15x15 SIP Formula: In how many years can your Rs 15,000 monthly investment through mutual funds turn into a wealth of Rs 1 crore?
)
444-Day Special FDs: SBI, Punjab & Sind Bank, IOB or Indian Bank—Which scheme offers highest return on Rs 12,25,000 investment?
)
8th Pay Commission Revised Pension Calculations: How Level 3, 4, 5, 6, or 7 central govt employees may see their pension revised at 1.92, 2.04, 2.28 and 2.57 fitment factors
)
SIP Calculation: Rs 20,000/month investment, how quickly can you generate Rs 12 crore corpus? See calculations
)
9 Stocks to Buy for Long Term: Brokerages bullish on TCS, Bajaj Finance, Trent & more; note down targets
04:48 PM IST