Indian equity markets closed higher on Monday, as the BSE Sensex settled 302 points higher, while the NSE Nifty50 ended above the 25,750 mark, supported by late buying in metal and select consumer stocks.
Markets opened on a weak note and remained under pressure for most of the day. The Sensex had fallen over 700 points during intraday trade, and the Nifty slipped below 25,500, as investors stayed cautious amid mixed global cues and ongoing earnings announcements. However, sentiment improved sharply in the second half, helping benchmarks recover most of their losses by the close.
At the end of the session, the Sensex closed near 83,878, while the Nifty finished around 25,790. The rebound was driven largely by strength in metal stocks, which saw strong buying interest after recent corrections.
Among the top gainers, Coal India surged over 3 percent, emerging as the best-performing Nifty stock. Tata Steel and Asian Paints also gained nearly 3 percent each, supported by buying in commodities and expectations of stable demand. Other metal stocks such as JSW Steel and Hindalco Industries also ended higher, lifting the broader sector.
On the downside, IT and auto stocks faced selling pressure. Infosys slipped over 1 percent, reflecting continued caution around global technology spending. Tata Motors Passenger Vehicles, Bajaj Finance, Bajaj Auto, and Eicher Motors also ended lower, limiting the overall market upside.
Sectorally, metal and select consumer stocks outperformed, while IT, banking, and auto sectors showed mixed trends. Investors continued to assess quarterly earnings, including results from major IT companies, which remained a key focus during the session.
Global cues were mixed, with Asian markets trading unevenly and investors tracking developments related to international trade and macroeconomic data. The Indian rupee remained largely stable against the US dollar, offering little directional cue to equities.
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