Business

Stock Market Closing Bell: Sensex, Nifty End Higher As Realty Stocks Rally 4%

Indian benchmark indices Sensex and Nifty finished Thursday’s trading session in positive territory, supported by buying interest in real estate, banking and financial stocks. Selling pressure in automobile shares restricted the overall gains.

The BSE Sensex climbed 31.61 points, or 0.04 per cent, to finish at 81,911.01. The NSE Nifty advanced 44.30 points, or 0.18 per cent, to close at 25,299.35.

The real estate sector recorded the strongest gains, with the Nifty Realty index rising 4 per cent during the session.

The Nifty PSU Bank, Nifty Media and Nifty Bank indices registered gains.

In contrast, automobile stocks faced selling pressure, making the Nifty Auto index the session’s weakest sectoral performer.

Mahindra & Mahindra, Nestle India and Power Grid Corporation featured among the leading Nifty laggards.

Broader market indices delivered stronger performances than their frontline counterparts, reflecting sustained buying interest across market segments.

The Nifty MidCap 100 advanced 0.85 per cent, while the Nifty SmallCap 100 gained 1.12 per cent.

Market analysts observed that the Nifty had traded within a narrow range over the previous two to three sessions while maintaining a positive underlying trend. They identified 25,000 as immediate support and 24,800 as the next crucial level. On the upside, 25,500 remains a key resistance level.

Experts expect the index to move within the 25,000–25,500 range and recommend a buy-the-dip approach amid the prevailing positive market bias.

Also Read: Adani Group Stocks Outperform Nifty After Codelco Deal, Adani Green’s MSCI Inclusion

Bishal Singh

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