Indian equities started the trading week with vigor, as both benchmark indices wrapped up the day in green on Monday. The Sensex rose by nearly 480 points or 0.58% to close at 83,294.66, mirroring the Nifty’s 0.55% uptick to 25,713.
The market displayed varied performances across segments. While midcaps slipped 0.43%, smallcaps edged higher by 0.29%, reflecting selective buying interest.
Breaking down by sectors, Nifty PSU Bank shone brightest with 1.36% gains, and MidSmall Healthcare followed suit at 1.03%. IT stocks, however, underperformed notably, with Nifty Chemicals not far behind in the loser’s bracket.
Standout gainers among Sensex constituents were Adani Ports, Kotak Bank, UltraTech Cement, Power Grid, Axis Bank, and HDFC Bank. Laggards included Infosys, Tech Mahindra, Trent, HCL Tech, Bajaj Finserv, and ITC, which faced selling pressure.
Continuing its streak for the second day, the rally was fueled by robust performances in banking and healthcare sectors. Global positivity stemmed from the US Supreme Court’s ruling against Donald Trump’s tariff impositions, easing trade tensions and lifting sentiments worldwide.
As markets digest these developments, focus shifts to inflation trends and policy signals from the Reserve Bank of India. This session’s breadth suggests building confidence among investors.