The Indian stock market began the week on a firm note, riding on global cues and selective buying in heavyweights. Investors saw renewed confidence as Sensex closed at 81,635.91, gaining 329 points (0.40%), while the Nifty 50 ended at 24,967.75, up 98 points (0.39%).
While the large-cap space held steady, mid and small-caps showed a mixed picture—BSE Midcap edged up 0.10%, but the Smallcap index slipped 0.02%.
Interestingly, investor wealth grew as the market capitalisation of BSE-listed companies rose from ₹453.65 lakh crore to ₹455 lakh crore, adding over ₹1 lakh crore in a single session.
What Drove Markets Today?
The upbeat mood in Dalal Street wasn’t accidental—it was shaped by a blend of global and domestic factors.
- Global boost: Jerome Powell’s signal of a possible September rate cut lifted sentiment across global markets.
- Domestic support: Hopes around GST reforms and signals of further economic policy measures kept sentiment upbeat.
- Balancing act: Concerns over tariff policies and lofty valuations capped further upside, but overall, optimism prevailed.
The IT index stood out, clearly benefiting from stronger global cues and investors’ renewed appetite for technology stocks.
Nifty 50 Movers: Top Gainers and Losers
The trading session saw clear winners in the IT pack, while a few defensives came under pressure.
Top Gainers in Nifty 50
Top Losers in Nifty 50
- Adani Enterprises: -0.95%
- Apollo Hospitals: -0.93%
- Nestle India: -0.87%
Sectoral Performance
Not all indices walked the same path today. IT led with a solid surge, while banking and media sectors lagged.
- Nifty IT: +2.37% (clear outperformer)
- Nifty Realty: +0.75%
- Nifty Metal: +0.65%
- Nifty Consumer Durables: +0.57%
Meanwhile, Nifty Media dropped 1.67%, while Nifty Bank fell 0.02%. PSU banks slipped 0.25%, and private banks barely managed a 0.02% gain.
Stocks with Heavy Volumes
The market buzz was loud in a few counters that attracted exceptional trading volumes.
- Vodafone Idea: 116.6 crore shares
- Ola Electric Mobility: 26.20 crore shares
- YES Bank: 25.5 crore shares
On the flip side, several small names—Affordable Robotic & Automation, Nexus Surgical, and Centenial Surgical Suture—crashed more than 10% on the BSE.
Market Breadth and New Highs
The broader market picture showed more losers than gainers.
- Advances: 1,947 stocks
- Declines: 2,239 stocks
- Unchanged: ~200 stocks
At the same time, the market continued to see activity at extremes:
- 164 stocks hit 52-week highs – including names like Maruti Suzuki India, Mahindra & Mahindra, TVS Motor, HDFC AMC, and Cummins India.
- 84 stocks touched 52-week lows – including R K Swamy, Hindusthan National Glass & Industries, Bajaj Steel Industries, and Agarwal Industrial Corporation.
Summary
Monday’s trade brought a fresh wave of positivity to Dalal Street, led by IT majors and supportive global cues. While Sensex and Nifty held steady above key milestones, mid and small-caps saw muted moves. Investor wealth swelled by over ₹1 lakh crore, reflecting confidence even amid lingering global trade concerns.
With IT stocks setting the pace and policy cues offering a supportive backdrop, the market closed in green, keeping sentiment buoyant as the week kicked off.
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