Sensex Crosses 85,000, Nifty Moves Above 26,000 as IT, Metal and Financial Stocks Rally

Bank Nifty
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The Indian stock market opened on a strong note, with benchmark indices scaling new levels as IT, metal and financial stocks led the gains. In early trade, the Sensex moved above the 85,000 mark, while the Nifty crossed the 26,000 level, reflecting broad-based optimism across major sectors.

Benchmarks Hit Fresh Highs

The trading session saw positive momentum across frontline indices. The Sensex climbed past 85,000, indicating strong buying interest in heavyweight stocks. The Nifty also advanced beyond 26,000, signalling continued investor confidence in market stability and sector-specific strength.

The rally comes as multiple key sectors showed strong movement, with technology, metal, and financial stocks providing significant support to the indices.

IT Stocks Lead the Upside

One of the standout performers during today’s session was the IT index, which surged nearly 3%. This sectoral jump contributed notably to the Nifty’s rise, reflecting renewed buying interest in technology companies.

The positive sentiment around the IT pack suggests traders are positioning themselves in anticipation of stronger earnings visibility or favourable global cues. The IT index’s near 3% rise made it one of the best-performing sectoral indices of the day.

Also Read:Bitcoin Falls Over 30% From October High as Market Turns Risk-Off

Metal and Financial Stocks Add Strength

Along with IT, metal and financial stocks also supported the upward trend. Although exact numbers are not provided, these sectors were mentioned as part of the overall market rally that pushed benchmark indices to fresh levels.

Buying in these pockets indicates a broad market appetite for cyclical and growth-sensitive sectors, aiding in the sustained momentum for both Sensex and Nifty.

Media Index Declines

While most major sectors showed strength, the media index was the clear underperformer, slipping nearly 1%. This decline suggests selective profit-booking or weaker sentiment in media and entertainment counters during the session.

The sector’s movement stands in contrast to the rally in IT and financials, highlighting mixed sectoral performance.

Broader Market Performance Mixed

In the broader market:

  • The BSE Midcap index traded flat, indicating a lack of major momentum among mid-sized companies.

  • The Smallcap index was down 0.3%, suggesting mild selling pressure in smaller stocks.

This divergence highlights that while large-cap stocks pushed benchmark indices higher, broader market sentiment remained cautious.

Most Active Stocks on NSE

A number of stocks attracted heavy trading interest and were among the most active shares on the NSE during the session. These included:

  • Physicswallah

  • Infosys

  • Bharti Airtel

  • Billionbrains Garage Ventures

  • HDFC Bank

These counters saw notable activity, signalling strong investor participation and liquidity. However, the exact nature of the movement—whether buying or selling—was not specified in the source information.

Market Sentiment Remains Positive

Overall, the stock market witnessed strong buying across key sectors, helping benchmark indices maintain their upward trajectory. The combination of:

  • IT index is rising nearly 3%

  • Metal and financials are showing strength

  • Benchmark indices touching new levels

helped build a positive tone for the trading session.

The mixed performance in broader markets, with flat midcaps and declining smallcaps, indicated selective participation. Meanwhile, heavy trading activity in large and popular stocks kept investor sentiment upbeat.

As the session progressed, traders continued to monitor sectoral trends and movement in actively traded stocks, shaping market direction for the rest of the day.

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Pradeep Sangatramani, founder and CEO of NiftyTrader, is an IIM Calcutta alumnus with a background in engineering. Passionate about the stock market from early on, he spent years studying its dynamics and working in roles focused on market analysis, trading tools, and financial data. Realising the challenges traders face in accessing user-friendly tools, he built NiftyTrader to offer data-driven, easy-to-use solutions. Committed to transparency and education, Pradeep actively shares insights through articles and webinars, aiming to empower traders at all levels.
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