Sensex Ends 638 Points Higher, Nifty At 26,172; SMIDs, Metal, IT Shares Rise

Sensex Ends 638 Points Higher, Nifty At 26,172; SMIDs, Metal, IT Shares Rise


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Indian benchmark indices Sensex and Nifty50 closed higher on Monday, extending Friday’s rally despite mixed global cues

Stock Market Today.

Sensex Today: Indian benchmark indices Sensex and Nifty50 closed higher on Monday, extending Friday’s rally despite mixed global cues.

Gains were driven by buying in information technology (IT) and metal stocks, while optimism surrounding the signing of the India–New Zealand free trade agreement (FTA) further boosted investor sentiment.

The BSE Sensex settled at 85,567.48, rising 638.12 points or 0.75 per cent. Similarly, the NSE Nifty50 ended at 26,172.40, up 206 points or 0.79 per cent.

On the BSE, Trent, Infosys and Bharti Airtel emerged as the top gainers, while State Bank of India (SBI), Kotak Mahindra Bank and Larsen & Toubro (L&T) weighed on the index.

On the NSE, Trent, Shriram Finance and Wipro led the gains, whereas HDFC Life, Tata Consumer Products and SBI were among the top laggards.

Broader markets also ended in the green. The Nifty SmallCap 100 index jumped 1.17 per cent, while the Nifty MidCap 100 index advanced 0.84 per cent.

On the sectoral front, Nifty IT outperformed with a gain of 2.06 per cent, followed by the Metal index, which rose 1.41 per cent. Nifty Consumer Durables was the only sector to close in the red, slipping 0.16 per cent.

Global cues

Asia-Pacific markets were trading higher after China’s central bank kept its loan prime rates unchanged on Monday. Japan’s Nikkei 225 was up 1.86 percent, South Korea’s KOSPI gained 1.9 percent, while Australia’s S&P/ASX 200 advanced 0.83 percent in early trade.

On Friday, US markets ended sharply higher for a second straight session, led by gains in AI-related stocks as risk appetite returned following recent volatility. The S&P 500 climbed 0.88 percent, the Nasdaq Composite rose 1.31 percent, and the Dow Jones Industrial Average added 0.38 percent.

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