Equity markets ended on a strong note as the Sensex rose 291 points to close at 79,158, while the Nifty settled above the 24,100 mark. Broad-based buying across sectors lifted investor sentiment, with banking, IT, and auto stocks leading the rally. Analysts attributed the gains to positive global cues and sustained domestic inflows.
During the session, the Sensex traded in a tight range before late buying pushed it higher, while the Nifty crossed the 24,100 milestone for the first time this week. Heavyweights such as Reliance Industries, Infosys, and HDFC Bank contributed significantly to the uptrend. Midcap and smallcap indices also registered healthy gains, reflecting strong retail participation.
Market experts noted that easing crude oil prices and optimism around corporate earnings supported the rally. Foreign institutional investors continued to show interest in Indian equities, adding to the momentum. The rupee remained stable against the US dollar, further boosting confidence in the domestic market outlook.
With the indices closing firmly in the green, traders are now eyeing upcoming macroeconomic data and global central bank commentary for cues. The positive close has reinforced expectations of continued strength in Indian equities, though analysts caution that volatility may persist in the near term.
