Delhi, 7 October (H.S.): Domestic equity markets closed higher for the fourth consecutive trading session on Tuesday, aided by firm global cues, positive Q2 business updates, and strong buying in oil & gas and energy stocks. After a volatile session, benchmark indices managed to hold on to modest gains, with the Sensex rising 0.17% and the Nifty inching up 0.12% by the end of trade.Oil & gas and energy counters led the rally, while notable buying was also seen in pharmaceutical and realty stocks. Banking, automobile, consumer durables, public sector enterprises, and tech shares also ended in the green.
However, selling pressure weighed on defence, metal, IT, capital goods, and FMCG sectors. The broader market witnessed mixed action as the BSE Midcap index closed 0.45% higher, while the Smallcap index ended 0.15% lower.
Investor wealth expanded by over ₹41,000 crore during the session, as the BSE-listed companies’ total market capitalisation rose to ₹460.25 lakh crore (provisional) from ₹459.84 lakh crore on Monday.
Market breadth remained mixed. On the BSE, 4,322 stocks were actively traded — 1,847 advanced, 2,316 declined, and 159 remained unchanged. The NSE recorded activity in 2,819 stocks, with 1,234 ending in gains and 1,585 settling in losses.
Among the 30 Sensex components, 14 closed higher and 16 lower, while the Nifty’s 50 components saw 22 gainers and 28 losers.The BSE Sensex opened 93.83 points higher at 81,883.95 but briefly turned negative, hitting a low of 81,787.48 amid early selling pressure.
Strong buying pulled it back sharply, pushing it up to 82,309.56 with a gain of 519.44 points in the afternoon. However, late profit-booking trimmed much of the advance, and the Sensex ended 136.63 points higher at 81,926.75.Similarly, the NSE Nifty opened marginally higher at 25,085.30 but dipped to 25,076.30 before rebounding. It surged to an intraday high of 25,220.90, but late selling pared gains, leaving it up 30.65 points at 25,108.30 at the close.
Among key movers, Bharti Airtel (up 1.36%), Bajaj Auto (up 1.27%), Jio Financial (up 1.19%), Eicher Motors (up 1.12%), and HCL Technologies (up 1.11%) were the top Sensex gainers. Major laggards included Axis Bank (down 2.14%), Tata Motors (down 2.05%), Tata Consumer Products (down 1.94%), Trent Ltd (down 1.91%), and Adani Enterprises (down 1.22%).
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Hindusthan Samachar / Jun Sarkar
