Sensex and Nifty News: Markets End Higher After Sharp Intraday Swings, Bull Run Continues for Sixth Day

Market Performance: Sensex and Nifty Steady Amid Profit Booking

The Indian markets carried forward their winning streak, but not without a few twists. Both benchmark indices—Sensex and Nifty 50—extended gains for the sixth consecutive session, even as investors booked profits at higher levels.

During the day, Sensex surged to an intraday high of 85,290.06, up 864 points (1.02%) from its previous close. But as the session wore on, the index trimmed most of its early gains and finally settled 130.06 points higher at 84,556.40, up 0.15%.

On similar lines, the Nifty 50 crossed the much-watched 26,000 mark, hitting a high of 26,104.20 before ending at 25,891.40, up 23 points or 0.09%.

While the benchmarks managed to stay positive, broader markets underperformed:

• BSE Midcap Index: down 0.15%
• BSE Smallcap Index: down 0.42%

The tone was mixed—optimism in the morning, caution in the afternoon, but confidence held firm.

Main News: Early Gains Fizzle as Profit-Taking Kicks In

The morning trade began with a burst of optimism. Hopes of a potential trade deal between India and the US pushed equities higher, lifting investor sentiment across sectors.

Reports indicated that the US may lower tariffs on Indian goods to around 15–16% from 50%, a move that sparked early buying interest. But as the day progressed, profit-taking at higher levels and a weak start in the US markets led to some cooling-off in domestic equities.

Still, the market’s underlying tone remained constructive. FIIs showed signs of gradual return, with optimism around an earnings rebound in H2FY26 and steady consumer demand.

Company Details: Sector and Stock Highlights

Top Gainers – Nifty 50

IT stocks stole the show. Out of 50 Nifty stocks, 28 ended in the green.

Leading the charge:

• Infosys: up 3.57%, top gainer of the day
• HCL Technologies, TCS, Shriram Finance, and ONGC gained between 1.5%–2.5%

The tech rally was driven by improved sentiment following positive cues on H1B visa discussions and easing global uncertainty.

Top Losers – Nifty 50

Meanwhile, 22 stocks ended in the red.

• Eternal topped the losers’ list, slipping 2.99%
• IndiGo followed with a 2.09% decline
• Ultratech Cement, Eicher Motors, and Bharti Airtel dropped over 1.5% each

Sectoral Snapshot

Of the 11 major sectoral indices, nine closed higher:

• Nifty IT: best performer, up 2.21%
• Private Bank Index: up nearly 0.5%
• Nifty Auto and Nifty Pharma were the only two sectors that ended lower.

This mixed close reflected selective buying, primarily in IT and financials.

Most Active Stocks by Volume

Trading activity remained high across certain counters.

• Vodafone Idea topped the charts with 129.62 crore shares traded, rising 5.4%
• YES Bank saw 13.06 crore shares change hands
• Others in the volume-heavy list included IDFC First Bank (9.41 crore), South Indian Bank (9.14 crore), and Sagility (8.74 crore)

Stocks That Surged or Slumped Sharply

• 15 NSE-listed stocks jumped over 10%, including Sikko Industries, Epack Prefab Technologies, and Kitex Garments.
• On the downside, Capital Trust Limited-RE fell 17%, making it the worst performer.
• Zee Media and Gallant Ispat also lost over 9% each.

Market Breadth and Sentiment

The overall market breadth tilted slightly negative:

• Advances: 1,855 stocks
• Declines: 2,409 stocks
• Unchanged: 125 stocks

Even as the broader market slipped, optimism held steady on the benchmark indices—largely supported by select large-cap gains.

52-Week Highs and Lows: Signs of Market Rotation

The day also saw a wide divergence across stocks:

• 221 stocks hit fresh 52-week highs, including Axis Bank, Bajaj Finserv, Bajaj Finance, CEAT, Federal Bank, Grasim, and HDFC Bank.
• 60 stocks touched 52-week lows, such as Bandaram Pharma Packtech, Jet Solar, MFL India, and Olatech Solutions.

This indicates that while large-caps are still driving the rally, certain smaller names are seeing selective profit booking and rotation.

Summary: Bulls Stay in Control Despite Volatility

Despite intraday turbulence, the market’s pulse remains strong. The Sensex and Nifty managed to extend their rally for the sixth straight session, signaling sustained investor confidence.

IT and private banking stocks continue to offer stability, while mid and small caps are catching their breath after an extended run. With global cues and policy developments in focus, short-term volatility may persist, but the broader uptrend remains intact.