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Sensex ends 1,046 points higher, Nifty above 25,100; Bharti Airtel jumps 3%

Sensex ends 1,046 points higher, Nifty above 25,100; Bharti Airtel jumps 3%

India Today8 hours ago

Benchmark stock market indices rallied on Friday, with Dalal Street adding over 1%, ending the week on a high note. Heavyweight financial and banking sector stocks surged, pushing markets higher.The S&P BSE Sensex jumped 1,046.30 points to end at 82,408.17, while the NSE Nifty50 added 319.50 points to close at 25,112.40.Vinod Nair, Head of Research, Geojit Investments Limited, said that the equity indices surged as Middle East tension moderated with risk of immediate military actions reduced as US dialogue with Iran is expected to take place.The development led the crude price to correct, favouring domestic markets and boosting foreign investors' sentiments," he added.advertisementBharti Airtel topped the gainers with an impressive 3.27% surge, followed by Mahindra & Mahindra up 2.93%, PowerGrid rising 2.38%, Reliance Industries gaining 2.16%, and Nestle India adding 1.97%.
On the losing side, Maruti Suzuki was the only major decliner, falling 0.02% in an otherwise positive session for the index."In the broader market, rapid fall in VIX index and buying was witnessed in rate sensitives and consumer oriented sectors like Finance, Auto and Reality and in anticipation of better Q1 FY26 results led by rate cuts benefits, drop in inflationary pressure and rebound in consumer spending," said Nair.The broader market indices ended strongly with Nifty Midcap 100 gaining 1.46%, Nifty Smallcap up 1.01%, while India VIX fell 4.08%.All sectoral indices closed in positive territory, led by Nifty Realty surging 2.11%, followed by Nifty PSU Bank up 1.64%, Nifty Financial Services gaining 1.49%, Nifty Metal rising 1.39%, Nifty Healthcare adding 1.07%, Nifty Auto up 1.04%, Nifty Private Bank gaining 1.03%, Nifty Oil & Gas rising 0.91%, Nifty IT adding 0.84%, Nifty Pharma up 0.80%, Nifty Consumer Durables gaining 0.73%, Nifty FMCG rising 0.64%, and Nifty Media advancing 0.35%.advertisementThere were no sectors in the red as the market witnessed broad-based buying across all segments. Realty and PSU banks led the rally while all other sectors participated in the positive closing session on Friday.(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)

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Markets snap 3-day losing run; Sensex jumps 1,000 pts as financial, telecom shares gain
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Markets snap 3-day losing run; Sensex jumps 1,000 pts as financial, telecom shares gain

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