Nifty 50 Gains 169 Points at Noon; Sensex Rises 532 Points as Consumer Durables, Auto Stocks Lead
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As of 12:00 PM, the Nifty 50 was trading 169.05 points, or 0.71 per cent, higher at 24,051.10. The Sensex also advanced 532 points, or 0.70 per cent, to 77,035.37.
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The Indian stock market traded firmly higher in the afternoon session on Thursday, with the benchmark indices extending gains amid buying in consumer durables and auto stocks. However, investors remained cautious as they continued to monitor fresh geopolitical tensions between the U.S. and Iran.
As of 12:00 PM, the Nifty 50 was trading 169.05 points, or 0.71 per cent, higher at 24,051.10. The Sensex also advanced 532 points, or 0.70 per cent, to 77,035.37.
Among the Nifty 50 constituents, Bharti Airtel, Sun Pharmaceutical Industries, and Eternal emerged as the Top Gainers, supporting the benchmark indices during the session.
The broader market also witnessed strong buying interest. The Nifty MidCap index was up 1.14 per cent, while the Nifty SmallCap index gained 1.50 per cent, outperforming the frontline benchmarks.
On the sectoral front, the Nifty Consumer Durables index led the gains, reflecting broad-based buying in the segment. In contrast, the Nifty IT index was the worst-performing sector during the session.
Disclaimer: The article is for informational purposes only and not investment advice.