It was a sea of green on Dalal Street today as domestic indices kicked off the session with robust gains, reflecting a jubilant mood among investors.
The benchmark BSE Sensex soared by 1,186.77 points to close at 73,134.32, while the Nifty 50 surged 1.56% to end the day at 22,679.40. This widespread buying interest suggests a strong return of risk appetite in the stock market today.
The sector performance was dominated by high-octane growth in the Nifty PSU Bank index, which jumped 3.70%, and the Nifty Media index, which climbed 3.69%. The Nifty Bank also played a pivotal role in the day’s excitement, crossing the 51,000 mark with a gain of over 1,170 points as financial services saw a renewed push from institutional buyers.
Interestingly, the Nifty Chemicals and Nifty Midsmall Financial Services sectors also witnessed heavy accumulation, rising 3.41% and 3.27% respectively, signaling that the rally was not just limited to the heavyweights but spread across broader market segments.
Retail giant Trent emerged as the star of the day, leading the top gainers with a massive 7% surge. Aviation major InterGlobe Aviation (Indigo) flew 6.01% higher, while Adani Ports followed closely with a 5.47% gain.
Defense major Bharat Electronics Limited and the country’s largest lender, State Bank of India, also saw significant traction, closing up 4.54% and 3.89% respectively.
On the flip side, the list of top losers was relatively short, with minor profit-booking seen in defensive pockets like NTPC and Sun Pharmaceutical Industries, both of which slipped 1.64%. Power Grid Corporation of India and UltraTech Cement also faced some selling pressure, ending the day in the red.
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