Sensex jumps 500 points, Nifty up 160 points: Here is how Powergrid, TCS, Infosys, Tata Motors, DLF stocks performed

The 30-share BSE Sensex jumped by more than 500 points in the first two hours of the morning bell, signalling a positive rally. In the meantime, the NSE benchmark Nifty gained as much as 160 points.

The green trend in equity benchmarks was complemented by India bolstering its forex reserves to cut losses in the rupee in early trade.

However, global crude oil continued to climb as tensions escalated in the Middle East between Israel and Iran. This led to more dollar buying, shaving 6 paise off the rupee to 86.17 vs the dollar in early trade.

Powergrid, L&T, HCL Tech, TCS, Airtel, Ultratech Cement, Infosys, and Tech Mahindra led the rally in the Sensex, with only Tata Steel, Adani Ports, SBI, Sun Pharma, and Tata Motors among the laggards.

DLF shares volatile despite new ₹5,500 crore investment announcement

Realty giant DLF seems to be doubling down on the NCR real estate market as reports surfaced over the weekend about a new ₹5,500 crore investment in Gurugram. Agencies citing sources posted that DLF looks to launch a new 18-acre project called ‘DLF Privana North’ in Sectors 76-77 at Gurugram.

This project—part of its 116-acre township ‘DLF Privana’—is rumoured to comprise at least 1,100 apartments, with an estimated development cost of ₹5,500 crore.

DLF Ltd is India’s largest real estate company (mcap-wise). In fiscal 2025, it posted a record sales of ₹21,223 crore in bookings. For FY 2026, DLF’s estimate for sales booking is between ₹20,000 crore and ₹22,000 crore. And with the fresh ₹5,500 crore development in Gurugram, the real estate giant closes in on that outlook.

Despite the news, DLF stock fell shortly after spiking on morning trade, and then regaining its footing, trading almost flat in the first hour. Its share price went as high as ₹856.80 and as low as ₹844.00 on Monday morning versus Friday’s close of ₹851.25 apiece.

The latest news seems to not have factored into the share movement as its peer and rival Macrotech Developers (erstwhile, Lodha) also saw a similar trend in the share movement. The real estate recovery was in line with the general market movement.

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