Thursday’s trading session saw Indian stock markets notch up gains for the third successive day, driven by the Economic Survey’s encouraging economic growth projections. The Sensex rose 221.69 points (0.27%) to 82,566.37, and Nifty increased 76.15 points (0.30%) to 25,418.90.
Investors cheered the survey’s positive outlook, sparking a broad-based rally anchored by metals and energy. Nifty Metal soared 3.07%, energy added 1.87%, commodities 1.58%, with private banks, infra, PSEs, and oil & gas logging gains from 0.78% to 1.03%.
Select pockets faced headwinds: defence tumbled 1.21%, healthcare dipped 0.96%, FMCG 0.91%, pharma 0.81%, PSU banks 0.79%, IT 0.76%, and auto 0.68%. Largecaps were steady, but midcaps (+0.18% to 58,541) and smallcaps (+0.20% to 16,825) shone brighter.
Key Sensex winners comprised Tata Steel, L&T, Axis Bank, Eternal, NTPC, Adani Ports, ICICI Bank, Power Grid, Bharti Airtel, SBI, HDFC Bank, and Bajaj Finserv. Laggards were Asian Paints, Indigo, Maruti Suzuki, BEL, M&M, TCS, Sun Pharma, HUL, Trent, Titan, ITC, and UltraTech Cement.
The FY27 growth estimates in the Economic Survey were hailed by experts as the session’s highlight. Amid US-Iran tensions, gold prices on MCX breached 1.70 lakh per 10 grams, and silver topped 4 lakh per kg, underscoring a flight to safety.