Monday’s trading opened the week on an upbeat chord for Indian shares, with major indices signing off in the green. Sensex advanced 0.58% (479.95 points) to 83,294.66, as Nifty mirrored the optimism with a 0.55% (141.75 points) rise to 25,713.
Sentiments were mixed in broader markets: Midcaps declined 0.43%, but Smallcaps gained 0.29%.
Performance highlights included Nifty PSU Bank’s stellar 1.36% jump and MidSmall Healthcare’s 1.03% rise. IT sector disappointed, with Nifty Chemicals also weak.
Leading Sensex gainers were Adani Ports, Kotak Bank, UltraTech Cement, Power Grid, Axis Bank, and HDFC Bank. Sharp falls hit Infosys, Tech Mahindra, Trent, HCL Tech, Bajaj Finserv, and ITC.
Securing back-to-back gains, the market drew strength from select sectors amid favorable global news. The US Supreme Court’s decision deeming Donald Trump’s tariff policy unlawful provided a significant fillip, enhancing investor risk appetite.
With eyes on fiscal policy updates and Q4 earnings season, the session underscores improving market resilience. Strategic buying in undervalued pockets signals potential for further upside.