Stock market rebounds from intraday lows, ends with marginal gains

File Photo: IANS


The Indian stock market on Thursday rebounded from intraday lows to end with marginal gains. At close, the Sensex was up 221.69 points or 0.27% at 82,566.37, and the Nifty was up 76.15 points or 0.30% at 25,418.90.

The BSE 150 Midcap index inched up by 0.10%, while the BSE 250 Smallcap index slipped 0.19%.

Among the sectors, Nifty Metal index jumped 3.07%, Realty up by 0.67%, Nifty Bank jumped by 0.60%, Private Bank up by 1%.

Further, on the losing side were Nifty Healthcare down by 0.96%, FMCG down by 0.91%, Pharma down by 0.81%, PSU Bank down by 0.79%, IT down by 0.76%, and Auto was down by 0.68%.

On Nifty, the top gainers were Tata Steel (4.49%), Larsen & Toubro (3.80%), and Axis Bank (3.42%).

The top losers were Asian Paints (3.85%), InterGlobe Aviation (2.71%), and SBI Life Insurance Company (2.69%).

The advance-decline ratio remained in favour of decliners as over 1,700 stocks advanced while over 2,500 declined on the BSE.

Around 107 stocks hit their 52-week highs while 273 stocks hit their 52-week lows on the BSE.

Those on the highs included SBI, Tata Steel, and Tech Mahindra while the lows included Havells India, Procter & Gamble Hygiene and Health Care, Exide Industries, Emami, and Jyothy Labs.

Shares of Axis Bank spiked over 3%, ICICI Bank, Federal Bank and Punjab National Bank (PNB) shares also rose around 1%.

Among the key IT players, Wipro, Tech Mahindra, Infosys and HCL Technologies were down up to 1%.

Shares of Coal India and Bharat Coking Coal (BCCL) sharply gained as the BCCL jumped nearly 5% while Coal India shares gained around 3%.

Earlier in the day, the Finance Minister Nirmala Sitharaman presented the Economic Survey in Lok Sabha and pegged the India’s economy to grow between 6.8% to 7.2% in the financial year 2026-27. Notably, this is lower than the 7.4% growth projected for the current financial year.