
Sensex rose 350 points to 80,600 while Nifty climbed above 24,700, showing resilience despite mixed global cues.
Policy easing on ethanol production triggered strong rallies, with Renuka Sugars up 15%, Balrampur 7%, and Bajaj Hindusthan 12%.
DIIs supported markets with Rs. 4,300 crore net buying, offsetting FII outflows of Rs. 1,430 crore, reinforcing domestic optimism.
Indian stock market today showed resilience, with benchmark indices posting gains amid mixed global cues. BSE Sensex climbed approximately 350 points or 0.40 % to 80,600 levels. Similarly, the Nifty 50 index trades at 24746.50, above the psychologically important 24,700 mark with gains of 0.44 %. Let’s see in detail how the market performed at press time, based on Moneycontrol Live market data.
The broader market participation was evident as the BSE SmallCap index outperformed with a 1.01% increase, suggesting renewed appetite for smaller companies. Banking stocks showed measured optimism, with Nifty Bank index advancing 0.14 %, while technology stocks gained momentum with Nifty IT index rising 0.43 %. The advance-decline ratio on the NSE painted a healthy picture with over 2,100 advancing stocks against approximately 570 declining ones.
Several sectors emerged as clear winners during the trading session. Nifty Realty and Nifty Media led the charge with gains of 1.7% each. The energy sector also showed strength, with Nifty Oil & Gas advancing 1.3%, likely supported by firmer crude oil prices globally.
Consumer-focused sectors demonstrated steady progress, with Nifty FMCG and Nifty PSU Bank each recording gains of 0.9%. Nifty Consumer Durables index added 0.7%, indicating sustained domestic consumption trends.
The standout performer of the day was undoubtedly the sugar sector, as reported by Zee Business. The government's decision to lift restrictions on ethanol production from sugarcane juice, sugar syrup, and molasses for the 2025-26 period sparked euphoria among sugar stocks.
Balrampur Chini Mills emerged as a major beneficiary, with shares surging over 7%. Shree Renuka Sugars delivered even more spectacular returns, rallying over 15%. Other sugar companies including Bajaj Hindusthan Sugar and Godavari Biorefineries, recorded gains of 12% and 5% respectively.
The government had previously restricted ethanol production due to concerns over sugarcane supply shortages. However, abundant monsoon rains over two consecutive years have encouraged farmers to expand cultivation. Hence, it creates a more favorable supply environment.
Also Read: Alibaba Shares Climb 19% in Hong Kong, Closing in on 52-Week High
Among Nifty 50 stocks, Power Grid Corporation led the gainers with a 2.73% increase. It was followed by NTPC and Reliance Industries stock, both up by approximately 1.9%. Hero MotoCorp and Nestle rounded out the top performers with advances of 1.75% each. Some stocks achieved milestones by touching their 52-week highs. Stock highlights include HBL Engineering, Anand Rathi, TVS Motor, Eicher Motors, and UNO Minda. Thus, it reflects strong underlying business fundamentals and investor confidence.
Foreign Institutional Investors (FII) activity showed mixed signals, with net outflows of approximately Rs. 1,430 crore in the cash segment. However, Domestic Institutional Investors (DII) provided strong support with net purchases exceeding Rs. 4,300 crore, demonstrating continued faith in Indian equities among local institutions.
The precious metals sector gained traction on expectations of potential Federal Reserve rate cuts. Gold and silver ETFs witnessed significant inflows, with various gold ETFs up by 1.5 to 1.8%. This movement reflects investor positioning for potential monetary policy changes in major economies.
The rupee opened stronger against the US dollar, gaining 5 paise to trade at 88.15, despite ongoing uncertainties around trade policies and tariff structures.
The overall Indian stock market sentiment appears cautiously optimistic, supported by strong domestic institutional buying. The sugar sector's rally shows how policy announcements can create value for shareholders, while the broader market's steady performance suggests underlying stability in investor confidence.
Investor focus should remain on earnings sustainability, policy continuity, and the festival season's potential impact on consumption patterns. The strong performance of small-cap stocks indicates risk appetite is healthy among traders willing to explore opportunities beyond large-cap names.
Also Read: IREDA Share Price Jumps 1.05% to Rs. 141.98; Near 52-Week Low Support Zone
1. Why did Indian stock markets rise today?
Indian stock markets gained due to strong domestic institutional buying, positive sectoral performance, and improved investor sentiment. The sugar sector policy boost also drove significant gains, balancing out mixed global market cues and FII selling pressure.
2. Which sector performed the best in today’s market?
The sugar sector led the rally after the government lifted restrictions on ethanol production, sparking huge gains. Renuka Sugars surged 15%, Balrampur Chini gained 7%, and Bajaj Hindusthan jumped 12%.
3. How did foreign and domestic investors trade today?
FIIs were net sellers, pulling out about Rs. 1,430 crore. In contrast, DIIs injected over Rs. 4,300 crore, reflecting strong domestic confidence in Indian equities and providing crucial support to sustain market momentum.
4. What were the standout stock gainers in today’s session?
Power Grid (+2.73%), NTPC (+1.9%), and Reliance (+1.9%) topped Nifty gainers. Hero MotoCorp and Nestle also performed strongly, while sugar stocks dominated outside the index with double-digit rallies.
5. What is the outlook for Indian markets in the near term?
Markets remain cautiously optimistic. Strong DII inflows, positive policy measures, and festive season consumption trends support growth. However, global uncertainties, FII activity, and commodity movements could drive near-term volatility.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.