Sensex And Nifty Rebound After Three-Day Slump As IT And Auto Stocks Lead Gains

Indian equity markets staged a recovery on Monday, snapping a three-day losing streak as strong buying in IT and auto heavyweights Stocks lifted investor sentiment.

Optimism surrounding the potential resolution of the US government shutdown and renewed foreign institutional investor (FII) activity also contributed to the uptrend.

The Sensex closed 319 points higher at 83,535.35, while the Nifty 50 gained 82 points to settle at 25,574.35. The Sensex, which opened flat at 83,198.20, rallied nearly 500 points during the session to touch an intra-day high of 83,754.49 amid robust gains in technology and automobile counters.

According to Vinod Nair, Head of Research at Geojit Financial Services, “The likely resolution of the US government shutdown, along with renewed FII buying and a favourable Q2 earnings season, boosted market sentiment.”

He added that improving macroeconomic indicators could drive earnings upgrades for the second half of FY26.

Among the top gainers from the Sensex basket were Infosys, HCL Tech, Asian Paints, Tata Motors, TCS, Bharti Airtel, Titan, L&T, Tech Mahindra, and Maruti Suzuki. However, Trent, PowerGrid, Ultratech Cement, Mahindra & Mahindra, and Axis Bank ended in the red.

Sectoral and Broader Market Performance

Most sectoral indices ended higher on the NSE. Nifty IT jumped 570 points (1.62%), followed by Nifty Auto, which rose 80 points (0.30%). Nifty Financial Services gained 66 points (0.24%), and Nifty Bank added 60 points (0.10%). The only laggard was Nifty FMCG, which closed in the negative zone.

The broader market mirrored the positive tone, Nifty Midcap 100 rose 281 points (0.47%), Nifty Small Cap 100 gained 62 points (0.35%), and Nifty 100 advanced 86 points (0.33%).

Continued FII selling offset the weakness in the US dollar index, keeping the rupee flat at around ₹88.66. Jateen Trivedi, VP Research at LKP Securities, noted that the RBI’s likely intervention near the 88.75–88.90 levels prevented further depreciation.

Trivedi added that market participants are now awaiting CPI inflation data from both the US and India, which could influence short-term currency movement. The rupee is expected to trade within a narrow but volatile range of 88.45–88.90 in the near term.

Also Read: Indian Markets Begin Week In Green As Global Sentiment Improves