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Stock Market Highlights: Nifty, Sensex Rebound After Two-Session Slump
- The NSE Nifty 50 and BSE Sensex rebounded after a two-session slump, closing higher.
- Nifty IT, Realty, and Oil & Gas sectors on the NSE ended in the green.
- NSE Nifty 50 closed 0.92% higher at 24,946.5, while BSE Sensex closed 0.84% up at 81,796.15.
- Indian markets showed resilience despite global uncertainty from Middle East tensions.
- Israeli military strikes on Iran raised concerns about oil supply disruptions.
- Bharat Electronics Ltd. and SBI Life Insurance Co. were the top gainers, while Tata Motors Ltd. and Dr. Reddy's Laboratories Ltd. were among the biggest laggards.
- HDFC Bank Ltd. and ICICI Bank Ltd. contributed the most to gains in the index, while Tata Motors Ltd. and Sun Pharmaceutical Industries Ltd. dragged it down.
- All 15 sectors on the NSE ended in the green, with Nifty IT, Realty, and Oil & Gas sectors gaining the most.
- BSE MidCap and SmallCap indices gained 0.88% and 0.31% respectively.
- Market breadth on BSE favored sellers, with 2,001 stocks advancing, 2,072 declining, and 168 unchanged.
- The market saw positive movement despite geopolitical tensions.
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