Sensex up and Nifty post strong gains as investors return to beaten-down stocks
| Index | Price | Change | % Chg |
| Nifty 50 | 23,689.60 | 277.00 | +1.18% |
| Nifty Bank | 54,128.95 | 672.80 | +1.26% |
| Nifty Financial | 25,472.50 | 355.85 | +1.42% |
| BSE SENSEX | 75,398.72 | 789.74 | +1.06% |
Indian stock markets ended Thursday with strong gains as investors returned to buying after recent weakness. Positive global sentiment and easing volatility further supported the rally.
The Sensex jumped 789.74 points, or 1.06%, to settle at 75,398.72. The Nifty 50 rose 277 points, or 1.18%, and closed near 23,690.
The rally added nearly ₹5 lakh crore to the market capitalization of BSE-listed companies, pushing the total market valuation close to ₹463 lakh crore.
Read Previous : Sensex Jumps 500 Points From Day’s Low, Nifty Closes Above 23,400 as Metal Stocks Rally
Value buying emerged as the biggest support for markets
Investors returned to beaten-down stocks after markets corrected sharply in previous sessions.
Sensex and Nifty had fallen nearly 4% over the last four trading sessions due to rising crude oil prices and broader market concerns.
Analysts believe the current rebound reflects oversold conditions more than a complete sentiment shift.
“The final leg of the earnings season and selective policy tailwinds provide stock-specific support, but sentiment remains fragile due to elevated crude prices,” said Siddhartha Khemka.
What triggered the sharp selloff in IT stocks?
OpenAI’s enterprise AI push sparked fears
OpenAI launched a new AI deployment company to help businesses build and implement AI systems directly, raising concerns about competition for traditional IT firms.
AI disruption concerns intensified
Investors worry AI could automate coding, consulting and workflow services—core revenue areas for many IT companies.
Growth and margin worries increased
Markets fear AI could pressure traditional headcount-driven business models and future earnings growth.
Weak global demand added pressure
Cautious enterprise spending, US economic uncertainty and weaker global macro conditions hurt sentiment.
Heavy selling followed
The Nifty IT index has corrected nearly 40% from its peak, with stocks like Infosys, TCS, HCLTech and Persistent seeing sharp declines.
Here’s what happened today and why traders reacted
Several factors helped drive market momentum:
- Strong value buying after recent declines
- India VIX dropped over 4%
- Positive US-China developments boosted sentiment
- Banking and pharma stocks saw aggressive buying
- Strong earnings supported select companies
- Global equity markets remained positive
Traders reacted positively as easing volatility improved risk appetite.
Top 5 Sectors Gainers
- Nifty Pharma: 24,551.05 (+2.74%)
- Nifty Metal: 13,562.25 (+2.04%)
- Nifty Consumer Durables: 35,584.60 (+1.06%)
- Nifty Media: 1,408.25 (+0.90%)
- Nifty Realty: 770.10 (+0.77%)
Strong buying in pharma and metals played a major role in lifting benchmark indices.
Top 5 Sectors Losers
Sector losses remained limited as broader sentiment stayed positive.
However, technology stocks remained under pressure while selective weakness was visible across a few pockets.
- Nifty IT remained among the weakest sectoral performers
- Select defensive and commodity-linked counters underperformed
Top 5 Stocks Gainers
- Adani Enterprises: ₹2,719 (+8.85%)
- Cipla: ₹1,435 (+8.09%)
- Bharti Airtel: ₹1,883 (+5.24%)
- Eternal: ₹245.39 (+3.18%)
- Hindalco Industries: ₹1,104 (+2.88%)
Bharti Airtel gained after reporting strong quarterly earnings supported by higher-value plans and strength in Africa operations.
Top 5 Stocks Losers
- Infosys: ₹1,094 (-2.58%)
- Tech Mahindra: ₹1,343 (-2.33%)
- HCL Technologies: ₹1,123 (-1.69%)
- Coal India: ₹456 (-1.17%)
- Tata Consultancy Services: ₹2,249 (-1.01%)
IT shares remained under pressure amid concerns around AI disruption and slower global demand.
DAILY MARKET ACTION
- Advancers: 1,725
- Decliners: 1,540
- 52-week High: 77
- 52-week Low: 49
- High Band Hitters: 80
- Low Band Hitters: 105
The data showed that while benchmark indices rallied strongly, participation across the broader market remained relatively balanced.
Global cues and lower volatility improved sentiment
Asian and global markets traded higher, helping Indian equities maintain momentum.
Investor confidence also improved after optimism emerged around discussions between US President Donald Trump and Chinese President Xi Jinping.
Meanwhile, India VIX — often called the market’s fear gauge — dropped over 4% to 18.61.
A lower VIX generally indicates reduced market anxiety and stronger appetite for equities.
What impacted investors and what could happen next?
For investors, Thursday’s rally offered relief after recent market weakness.
However, elevated crude oil prices, rupee pressure and global developments continue to remain key risks.
Midcap stocks outperformed while smallcaps stayed largely flat, indicating selective buying.
For traders and investors, stock-specific opportunities and earnings reactions may continue driving market moves in the coming sessions.
