It was a day of celebration on Dalal Street as the stock market today witnessed a broad-based buying spree, lifting the indices to significant milestones.
The BSE Sensex surged past the psychological 80,000 level, ending at 80,015.90 with a gain of nearly 900 points. Simultaneously, the Nifty 50 showed robust strength, climbing 1.17% to finish the session at 24,765.90.
The overall mood was one of renewed optimism, as investors shrugged off recent jitters to participate in a widespread recovery.
The sector performance was dominated by heavy industry, commodities, and consumer-facing segments.
The Nifty Metal index stole the show with a 2.29% jump, while Nifty Consumer Durables followed closely, rising 2.10%. Investors also showed a strong appetite for the BSE Bharat 22 Index, which outperformed many broader indices with a 2.12% increase, reflecting confidence in major blue-chip and public sector enterprises.
While most sectors flourished, the Nifty Bank saw more measured growth, closing up 0.51%.
Among the top gainers on the Sensex, Adani Ports led the charge with a 4.51% spike, followed by the infrastructure giant Larsen & Toubro, which rose 3.88%.
Energy and power majors were also in high demand, with NTPC, Reliance Industries, and Power Grid fueling the upward momentum. Mahindra & Mahindra and InterGlobe Aviation (Indigo) also posted healthy gains of over 2.5%, highlighting a recovery in travel and automotive demand.
However, the rally was not entirely universal. The technology sector acted as a slight drag on the market, with the top losers list featuring Tech Mahindra, which dropped 1.25%, and HCL Technologies, which slid 0.73%.
Other heavyweights like Hindustan Unilever and ICICI Bank also ended the day in the red, though their losses were marginal.
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