Nifty 50 recap
Indian equity markets ended modestly higher, extending the previous session’s gains despite profit-booking in the latter half of the trade. Nifty 50 closed at 24,270.85, up 95.15 points (+0.39%), after touching an intraday high of 24,378.15 before easing into the close, while the Sensex also finished in positive territory. Sectoral performance was mixed, with IT (+1.76%), Healthcare (+1.80%), Pharma (+1.72%), Realty (+2.19%), and Metal (+0.76%), leading gains, reflecting continued buying in technology and defensive stocks. In contrast, PSU Bank (-1.54%), Media (-0.45%), Auto (-0.44%), and Consumer Durables (-0.37%) underperformed. Market breadth remained positive, with 1,823 stocks advancing, 1,513 stocks declining, and 100 remaining unchanged, indicating a healthy but selective participation across the broader market. Positive global cues, easing concerns over U.S. monetary policy, a stable rupee, and sustained interest in IT stocks supported investor sentiment through most of the session.
