Indian equity benchmark indices ended on a positive note on Thursday, with gains in PSU bank, healthcare, metal, and realty stocks. The Sensex climbed 254.36 points to reach 77,409.98, while the Nifty rose by 82.30 points to close at 24,168.00. Market experts highlighted the 24,200 level as a key resistance for the Nifty.
Market sentiment improved in the latter part of the trading session, aiding the recovery of benchmark indices. Buying interest in public sector banks, healthcare, and real estate sectors supported the broader market. Adani Enterprises, InterGlobe Aviation, and Max Healthcare Institute were among the top gainers for the day.
The Nifty MidCap index closed 0.41% higher, and the Nifty SmallCap index advanced by 0.44%. Sector-wise, the Nifty PSU Bank, Nifty Healthcare, Nifty Realty, and Nifty Consumer Durables indices outperformed the market. However, the Nifty IT index faced pressure, declining by 1.19%.
Market participants are keeping an eye on US-Iran talks, crude oil prices, and foreign fund flows for future market trends. Meanwhile, the Rupee strengthened by around 16 paise to 94.32, continuing its positive streak for the fifth consecutive session. Analysts suggest a near-term trading range for the rupee between 94.00 and 94.75.
