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-Sensex gained 293.99 points to 82,987.70, while Nifty traded above 25,400, supported by strong banking and IT sector performance.
-Poonawalla Fincorp was the day’s biggest gainer, soaring 14.25% after a Rs. 1,500 crore promoter infusion.
-Despite FIIs selling Rs. 1,124 crore worth of equities, strong DII buying of Rs. 2,293 crore supported overall market resilience.
Indian stock market today showed bullish sentiments, with benchmark indices trading in the green territory. Sensex climbed 293.99 points to settle at 82,987.70, up by 0.36%, while the Nifty 50 advanced 84.40 points to 25,414.65, up 0.33%. The financial sector emerged as a key driver of today's market performance, with Nifty Bank index surging 0.49% to 55,763.20. On the other hand, Nifty IT index jumped 0.80% to 36,738.45. Let’s see in detail how different stocks performed today based on Moneycontrol Live Updates.
HDFC Bank stood out among banking stocks, rising 1.08% to Rs. 976.90, with trading volumes reaching Rs. 717.84 crores. The bank's strong performance contributed significantly to the overall market sentiment. Meanwhile, State Bank of India faced some pressure, declining by 0.21% to Rs. 855.35, though it still recorded trading activity worth Rs. 459.19 crores.
Infosys led the charge in technology stocks. The IT major climbed 1.48% to Rs. 1,544.90, generating trading volumes of Rs. 629.30 crores. Wipro also joined the rally, advancing 1.46% to Rs. 257.90, reflecting renewed investor confidence in the sector's growth prospects.
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While most sectors traded positively, metal stocks faced pressure. The stock market today saw Hindalco decline 0.58% to Rs. 745.75, and Coal India drop 0.54% to Rs. 397.60. Apollo Hospitals led the losers' chart, falling 0.68% to Rs. 7,834.00.
On the other hand, HDFC Life Insurance gained 1.99% to Rs. 783.30, while Hindustan Unilever advanced 1.37% to Rs. 2,605.00, reflecting steady demand for consumer staples.
Cochin Shipyard signed a Rs. 200 crore contract with ONGC for dry dock repairs, as reported by Mint. According to TradingView, Central Bank of India approved a Rs. 64.40 crore equity infusion in its subsidiary, with the stock rising 0.42% to Rs. 38.
Heritage Foods delivered strong gains, climbing 3.84% to Rs. 506.75 in its best performance in two months based on market data from Moneycontrol. At the same time, Dreamfolks Services continued to face pressure, hitting the lower circuit for the second consecutive day after discontinuing domestic airport lounge services.
Poonawalla Fincorp was the biggest gainer, soaring 14.25% to Rs. 511.50 after the board approved a Rs. 1,500 crore fund infusion from promoter Rising Sun Holdings, as reported by Upstox. The company allotted 3.31 crore shares at Rs. 452.51 per share, boosting investor confidence and driving the stock to its 52-week high of Rs. 513.30.
Bajaj Consumer Care also caught investors' attention, jumping 8.70% to Rs. 258 in its best performance in 11 weeks. The stock touched a new 52-week high of Rs. 261.75, with trading volumes surging over 300% compared to its five-day average.
Also Read: Stock Market Today: Sensex at 82,670, Nifty at 25,327; Tata Consumer, SBI, Bharat Electronics Among Top Gainers
The Indian stock market today showed resilience with broad-based participation across sectors. Foreign institutional investors turned net sellers with outflows of Rs. 1,124.54 crores, but domestic institutional investors provided strong support with net purchases of Rs. 2,293.53 crores, according to Moneycontrol Live Updates. The advance-decline ratio remained favorable at 1,594 advancing stocks versus 1,088 declining ones, indicating healthy market breadth for sustained momentum. Investors should keep an eye on key resistance levels and global cues to understand what’s coming next.
The market rose mainly due to strong performance in the banking and IT sectors. HDFC Bank, Infosys, and Wipro contributed significantly, while broader investor sentiment was supported by healthy corporate announcements and institutional buying.
Poonawalla Fincorp surged 14.25% after a Rs. 1,500 crore fund infusion, Restaurant Brands Asia gained 8.15%, and Bajaj Consumer Care jumped 8.70%, all hitting strong highs with exceptional trading volumes.
FIIs were net sellers, offloading equities worth Rs. 1,124.54 crores, showing cautious global sentiment. However, DIIs supported the market with net purchases worth Rs. 2,293.53 crores, ensuring the indices closed in the green.
Banking and IT sectors were the top performers. The Nifty Bank surged by nearly 270 points, and the Nifty IT index gained over 291 points, highlighting investor optimism toward financials and technology.
The outlook remains cautiously optimistic. Broader market breadth is strong, with more advancing than declining stocks. However, continued FII outflows may create volatility, making domestic buying critical for sustained momentum.
