- Sensex closed up 612 points at 81,698; Nifty gained 187 points, ending at 25,011.
- Market capitalization of BSE-listed companies reached ₹462.40 lakh crore.
- Metal stocks led gains; IT and financials also showed strong performance.
Today, the Sensex experienced a significant boost, climbing 612 points to close at 81,698, while the Nifty rose by 187 points, settling at 25,011.
In sector-specific movements, the metal sector saw particularly strong performance, with key stocks like Hindustan Copper and Tata Steel leading gains.
Market Surge: BSE Sensex Rises by 612 Points, Hits ₹462.40 Lakh Crore Market Cap
The Indian stock market displayed impressive gains today, with the Sensex advancing by 612 points to finish at 81,698 and the Nifty climbing 187 points to close at 25,011. This uplift was supported by favorable global trends and active buying across various sectors, including IT, financials, and metals. The overall market capitalization for BSE-listed companies reached a record high of ₹462.40 lakh crore, reflecting significant value addition.
The metal sector emerged as a standout performer, driven by geopolitical factors that bolstered metal stocks. Notable gains were observed in companies such as Hindustan Copper, SAIL, Tata Steel, and Vedanta, underscoring the sector’s robust performance. Similarly, IT stocks like HCLTech and Wipro continued to show strength, suggesting ongoing investor confidence in these areas.
Experts like Vaishali Parekh are optimistic about further growth in IT and metal stocks, highlighting their strong technical positions. She advises investors to focus on these sectors for potential gains. Meanwhile, Nikhil Ranka emphasizes the value in banking and oil marketing companies (OMCs), suggesting that current valuations present attractive entry points for medium-term investments.
The positive market sentiment reflects a broad-based rally with considerable gains across key sectors, indicating a favorable environment for investors. As the market continues to evolve, sectors showing strength today may offer further opportunities for growth.
Today’s market surge highlights a strong positive trend, with significant gains in key sectors and a record-setting market capitalization. Investors might find opportunities in IT, metals, and banking as sectors continue to show robust performance.
“Vaishali Parekh’s optimism on IT stocks and her recommendation for companies like HCLTech and Wipro underline the positive momentum in the tech sector, reflecting today’s market rally.”
