4th Straight Session of Gains: Sensex Rises 250 Points, Nifty Adds 85 Points

Market Update at 12:45 PM: Indian stock markets extended their rally on Monday, marking the fourth consecutive session of gains, supported by buying in auto and metal stocks.

As of 12 PM, the benchmark BSE Sensex stood at 80,961.01, up 250.25 points or 0.31 per cent, while the Nifty50 index was at 24,826.70, gaining 85.60 points or 0.34 per cent.

In the Sensex pack, Mahindra & Mahindra, Tata Motors, Adani Ports, Tata Steel, Maruti Suzuki and UltraTech Cement were among the Top Gainers, rising up to 3.5 per cent. On the other hand, Tech Mahindra, TCS, Asian Paints, Infosys and Power Grid dragged the index lower.

Broader market indices also traded in the green, with the Nifty MidCap index advancing 0.82 per cent and the Nifty SmallCap index adding 0.52 per cent. The outperformance of Mid-Cap and Small-Cap stocks has drawn investor attention, with many market participants keeping a close watch for potential multibagger opportunities.

Sector-wise, the Nifty Auto index surged 2.8 per cent, followed by the Nifty Metal and Nifty Realty indices, which rose 1 per cent each. On the downside, Nifty IT, Healthcare and Consumer Durables indices were under pressure.

Market Update at 9:40 AM: Indian stock markets were trading higher at open today, backed by buying in JSW Steel, Tata Steel, Tata Motors, M&M, Wipro, Adani Enterprises, and Eicher Motors. 

The benchmark BSE Sensex index was at 80,926, up 216 points or 0.27 per cent, and the Nifty50 index was at 24,802, rising 61 points or 0.25 per cent in early deals. 

In the broader markets, the Nifty MidCap index gained 0.4 per cent and the Nifty SmallCap index added 0.35 per cent. 

Among sectors, the Nifty Metal index rallied 1.25 per cent, followed by the Nifty Auto index (0.75 per cent), and the Nifty Realty index (0.77 per cent). On the downside, the Nifty Pharma index fell 0.4 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.