Today as the markets opened, BSE Sensex rose over 300 points, while the Nifty 50 moved above the 25,250 level, reflecting improved investor sentiment.
Buying interest was seen mainly in banking, energy, and metal stocks, which helped lift the indices. Heavyweights such as Axis Bank and Reliance Industries supported the uptrend, while metal stocks gained on expectations of stable global demand. The broader market also showed strength, with select mid-cap and small-cap stocks trading in the green.
Among individual stocks, Vodafone Idea was in focus as investors reacted to developments around its financial performance and business outlook. Vedanta and related stocks also saw active trading following updates linked to stake sale plans. Energy stocks such as ONGC gained amid firm crude oil prices.
However, the rally was capped by weakness in parts of the FMCG and auto sectors, where some stocks witnessed profit-booking after recent gains. Asian Paints, Tata Consumer Products, Maruti Suzuki, Eicher Motors, and Bajaj Auto traded lower, weighing slightly on the benchmarks.
Market participants remain cautious ahead of global cues, including movements in overseas markets and commodity prices. Analysts said near-term direction will depend on global trends, corporate earnings updates, and stock-specific news, while overall sentiment continues to remain positive.
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