The BSE Sensex ended 84 points up, while the Nifty 50 surpassed the 25,900 mark, closing at 25,916, on Thursday.
The market witnessed a quiet session in the morning, weighed down by profit-taking and cautious sentiment. However, optimism returned in the fag-end of trading, fueled by expectations of policy stability after the Bihar election results. Investors were seen snapping up stocks that had underperformed in earlier trades.
Among the gainers, TMCV led the charge with a 4% rise, followed by Eternal, which gained 2%. Other notable contributors included Trent, BEL, and SBI, which saw healthy buying interest.
On the downside, counters such as Tata Motors PV, Infosys, Tata Steel, ICICI Bank, Tech Mahindra, UltraTech Cement, and ITC ended lower, with losses ranging from 1% to 2.5%. Analysts noted that profit-booking in heavyweight stocks kept the gains in check despite a positive end to the session.
Market participants said the late rally reflected selective buying in fundamentally strong stocks, while broader market trends remain cautious ahead of upcoming corporate earnings and macroeconomic updates.
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