The Indian stock markets experienced a strong rally today, with the Sensex climbing nearly 800 points, up 0.97%, and the Nifty rising 0.83%, reflecting a broad-based recovery. As of mid-session, the Sensex was trading at 83,295.07, while the Nifty stood at 25,458.85, marking a positive sentiment across major indices.
The rally was driven by significant gains in key stocks such as Infosys, Tech Mahindra, JSW Steel, Tata Motors, and Bank of Baroda.
- Infosys led the rally, surging by 2.93% to ₹1,948.60. It opened at ₹1,888.65, hit a session high of ₹1,950.55, and saw a low of ₹1,888.65. The company’s strong performance provided a significant boost to the overall market sentiment.
- Tech Mahindra followed closely, gaining 2.46% to ₹1,642.60. The stock opened at ₹1,576.85, reached a high of ₹1,643.10, and a low of ₹1,576.85, supporting the tech sector’s overall performance.
- JSW Steel was also a top contributor, rising by 2.03% to ₹1,060.90. The stock opened at ₹1,046.80, hitting a high of ₹1,063.35, with a low of ₹1,027.10.
- Tata Motors gained 1.98% to ₹944.35, opening at ₹933.85 and trading between a high of ₹947.80 and a low of ₹920.00. Its steady gains kept the auto sector in the spotlight.
- Bank of Baroda stood out among the banking stocks, jumping 3.74% to ₹254.22, after opening at ₹247.73, with a high of ₹255.33 and a low of ₹244.34.
Other major banks also contributed to the market’s positive momentum, including Punjab National Bank, which rose 1.92% to ₹107.08, Axis Bank, up 1.86% to ₹1,197.55, and Canara Bank, which gained 1.77% to ₹109.87.
The financial and banking sectors were strong performers, alongside the tech and steel sectors, reflecting investor confidence in these industries. As the market continues to trade in the green, these stocks are expected to remain key players in driving market sentiment higher.
With the Sensex nearing an 800-point gain and the Nifty up by 0.83%, it is clear that the markets are witnessing a broad-based recovery, with multiple sectors contributing to the positive momentum.
