Indian stock markets ended higher on Thursday, breaking a three-day losing streak. The Sensex rose 426.86 points to settle at 84,818.13, while the Nifty advanced 140.55 points to close just below 25,900. Positive global cues and renewed buying across major sectors supported the rebound.
Key sector indices including auto, IT, pharma, telecom, banking and metals finished in the green, signalling broad-based participation. Improved sentiment in global markets further boosted domestic investor confidence.
Stocks that drove the recovery included Kotak Mahindra Bank, Eternal, Jio Financial, Tata Steel and Grasim Industries. Their strong performance played a major role in lifting benchmark indices.
A few frontline stocks lagged behind despite the broader market strength. Bharti Airtel, Asian Paints, SBI Life Insurance, Bajaj Finance and Axis Bank were among the notable losers.
Midcap and smallcap segments also outperformed, reflecting continued investor appetite beyond large-cap counters. This wider market strength added momentum to the day’s upmove.
However, the rupee weakened further, closing near its record low against the U.S. dollar due to consistent foreign outflows. Currency pressure remains a concern for near-term market stability.
Analysts note that global market trends, foreign fund activity and currency movements will continue to guide sentiment in the sessions ahead.
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