Final Trade: Sensex adds 321 pts, Nifty settles at 24,834; Metals, Realty shine

Final Trade: Sensex adds 321 pts, Nifty settles at 24,834; Metals, Realty shine

Indian equities in a volatile session on the weekly expiry day ended on a positive note amid mixed global cues. At the close, the Nifty50 index ended higher by 0.33 per cent or 81.15 points at 24,833.6, while the Sensex added 0.39 per cent or 320.7 at 81,633.02.

Meanwhile, broader markets outperformed the headline indices, with both midcap and smallcap gauges gaining over 0.5 per cent each.

From the Nifty50 pack, top gainers included stocks like IndusInd Bank, Sun Pharma, Adani Ports, Eternal and Trent, while laggards were HDFC Life, Tata Consumer Products, Jio Financial, Bharat Electronics and Shriram Finance.

 Ajit Mishra – SVP, Research, Religare Broking said, “Markets witnessed another volatile session but managed to end with gains of nearly half a percent. After an initial uptick, the Nifty swung sharply in both directions on the monthly expiry day before finally settling at the 24,833.60 level. On the sectoral front, most indices closed higher, with metal, realty, and pharma among the top gainers. The broader indices also moved in tandem and gained over half a percent each.”

Sectoral performance

Barring, FMCG and PSU Bank gauges, all indices ended higher. Metal, realty and pharma stocks led the gains with the metal pack outshining after the US Federal Court blocked US President’s tariffs.

European markets

Enthused by posiitve sentiment globally after the US court blocked President Donald Trump tariffs, European indices traded higher. As of the last count, French CAC led with gains of 0.7 per cent, while German DAX posted gains of 0.51 per cent. Nonetheless, FTSE traded weak, however.

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