New Delhi, Sept 10 (HS): The domestic equity market extended its winning run for the third straight session on Tuesday, lifted by strong global cues and rising optimism over a possible trade deal with the US. Sustained buying in the morning session drove indices sharply higher, though profit booking in the latter half capped gains. At close, the Sensex advanced 0.40% and the Nifty ended 0.42% higher.
Sectoral Trends
Heavy buying continued in the IT sector for the second consecutive day, while banking, public sector enterprises, and realty stocks also saw strong gains. FMCG, pharma, energy, capital goods, metals, oil & gas, and technology indices all ended in the green. However, auto and consumer durables stocks came under steady selling pressure.
In the broader market, the BSE Midcap index rose 0.84%, while the Smallcap index gained 0.72%, reflecting persistent investor interest beyond frontline stocks.
Market Capitalisation Surge
Thanks to the rally, investors’ wealth soared by over ₹2.65 lakh crore in a single day. The market capitalisation of BSE-listed firms climbed to ₹456.49 lakh crore (provisional) against ₹453.84 lakh crore on Tuesday, underscoring strong bullish sentiment.
Trading Activity
On the BSE, out of 4,282 actively traded shares, 2,409 closed higher, 1,717 declined, while 156 remained unchanged. On the NSE, 2,779 shares were traded, of which 1,655 advanced and 1,124 declined. Among index heavyweights, 17 of the 30 Sensex constituents ended with gains, while 13 witnessed losses. On the Nifty, 35 shares gained and 15 slipped.
Index Movement
The Sensex opened sharply higher at 81,504.36, gaining 403 points, and surged further to an intraday high of 81,643.88 before trimming gains due to profit-taking. It finally closed at 81,425.15, up 323.83 points.
The Nifty too opened strong at 24,991, jumped to 25,035.70 in early trade, but fell to 24,915.05 by afternoon. Late buying helped it recover nearly 60 points and end at 24,973.10, up 104.50 points.
Top Gainers & Losers
Heavyweights like Bharat Electronics (up 4.33%), Wipro (2.65%), HCL Technologies (2.58%), Bajaj Finance (2.06%), and TCS (1.99%) led the gainers. On the other hand, Mahindra & Mahindra (down 2.49%), Maruti Suzuki (1.67%), Bajaj Auto (1.48%), Hero MotoCorp (1.35%), and UltraTech Cement (0.75%) ended among the top losers.
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Hindusthan Samachar / Jun Sarkar
