Stock Market Closes Higher Amid Volatile Trading; Sensex Up 270 Points, Nifty Near 25,525
Indian equity markets ended Monday's session on a positive note after a choppy day of trade. The BSE Sensex closed at an indicative level of 83,712.51, gaining 270.01 points or 0.32 per cent, while the NSE Nifty50 settled at 25,524.50, up 63.20 points or 0.25 per cent. Despite early fluctuations, investor sentiment improved in the latter half of the session, driven by select buying in index heavyweights.
The Bank Nifty index rose by approximately 60 basis points, primarily driven by gains in private sector banking stocks. Positive momentum was also seen in the IT, realty, and media sectors. However, pressure persisted in pharma, public sector banks, and FMCG stocks, which ended lower. Meanwhile, market volatility eased, with the India VIX slipping 3 per cent to settle at 12.18.
Sundar Kewat, Technical and Derivatives Analyst, Ashika Institutional Equity, noted, "Despite global uncertainties stemming from U.S. President Donald Trump’s announcement of 25–40 per cent tariffs on 14 nations, the Indian equity markets opened flat and traded largely sideways throughout the session. Nifty opened at 25,427, touched an intraday high of 25,495, and marked a low of 25,424. Sector-wise, strength was observed in Realty, Banking, and Financial Services, while underperformance was noted in Consumer Durables, Pharmaceuticals, Healthcare, and the Automobile space."
"In the derivatives segment, notable open interest buildups were seen in stocks like TITAN, BSE, 360ONE, ANGELONE, and DIVISLAB. For the weekly expiry, the highest open interest on the call side stands at the 25,500 strike, while the put side sees significant positions at 25,500 and 25,400, indicating a tight range. The Put-Call Ratio (PCR) remains at 0.78, suggesting a slightly bearish undertone in the near term," he added.
Previous Trading Session
Meanwhile, in the previous trading session on Monday, Indian stock markets experienced significant volatility. The indices opened sharply lower but gradually trimmed losses, though they remained in negative territory for most of the day. By the close, both benchmark indices ended the session nearly unchanged. The BSE Sensex edged up by just 9.61 points to settle at 83,442.50, while the NSE Nifty50 closed almost flat at 25,461.30.
Among the 30 Sensex constituents, HUL, Kotak Bank, ITC, Asian Paints, and Reliance were the top gainers. On the flip side, BEL, Tech Mahindra, UltraTech Cement, HCL Technologies, and Maruti led the list of losers.
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