Stock Market Highlights: Benchmarks snap two-day losing streak; Nifty closes above 23,950
Sensex Today | Stock Market Highlights: The Sensex rose 238.22 points, or 0.31%, to close at 76,741.82, while the Nifty 50 gained 80.75 points, or 0.34%, to settle at 23,962.80. Among the benchmark heavyweights, Bharti Airtel, HDFC Bank and Sun Pharmaceutical Industries were the biggest contributors to the Nifty’s gains.
Broader markets outperformed, as the Nifty Bank rose 510 points to 57,252 and the Midcap index climbed 844 points to 62,167, while market breadth remained firmly in favour of advances with the NSE advance-decline ratio at 3:1. Among stocks in focus, Kalyan Jewellers extended its previous session’s rally to jump over 17%, Dixon Technologies and Amber Enterprises gained up to 4% on customs-duty exemptions for display assembly inputs, and Exide Industries and Amara Raja rose up to 4% after duty relief for lithium-ion cell manufacturing inputs.
Insolation Energy surged 12% after securing a ₹558 crore order from NTPC Renewable. On the downside, Dr. Reddy’s Laboratories fell 6% after delaying commercial production of semaglutide due to an API issue, while the Nifty IT index ended lower for a second straight session, with Infosys down 2% and TCS closing in the red ahead of its first-quarter results.
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