Thursday brought relief to Indian investors as equities closed in the green, reversing a three-session downturn. BSE Sensex gained 397.74 points (0.49%) to 82,307.37, and NSE Nifty advanced 132.40 points (0.53%) to 25,289.90.
Defence emerged as the rally’s engine, with Nifty India Defence up 2.67%, leading a host of sectoral winners: PSU Bank +2.34%, Pharma +1.59%, PSE +1.51%, Commodities +1.25%, Metals +1.18%.
Declines were limited to Realty (-0.74%) and Consumer Durables (-0.87%).
Sensex stars included BEL, Tata Steel, Adani Ports, SBI, Bajaj Finserv, Asian Paints, Power Grid, Sun Pharma, Kotak Mahindra, HUL, Indigo, HCL Tech, NTPC, Trent, TCS, and UltraTech Cement. Eternal (Zomato), Titan, ICICI Bank, Maruti Suzuki, and HDFC Bank posted losses.
Midcap and smallcap segments joined the party, Nifty Midcap 100 rising 1.34% to 58,191.30 and Smallcap 100 up 0.76% to 16,677.25.
Market breadth favored bulls, with 2,344 NSE stocks rising, 849 falling, and 74 unchanged.
Trump’s upbeat comments on Greenland and tariffs lifted spirits globally, per market watchers, though rupee’s slide against the dollar and FII sell-offs urged caution.
Eyes are on US GDP growth and inflation data next. The day started positively, Sensex at 82,459.66 from 81,909.63, Nifty at 25,344.15 from 25,157.50.
The session reflects balanced sector gains and optimism amid challenges.