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Share Market News: Sensex and Nifty Inch Higher on PSU Bank, Auto, and Financials

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The Nifty 50 rose 119.10 points, or 0.52%, to 23,242.10, while the BSE Sensex gained 394.50 points, or 0.54%, to 73,918.76.

The broader market also strengthened, with the Nifty MidCap index up 1.35% and the Nifty SmallCap index climbing 1.69%

Impact On The Stock Market

Sector performance highlights:

  • Nifty PSU Bank outperformed, rising over 3%
  • Nifty Realty, Nifty Auto, Nifty Financial Services also gained
  • Nifty IT and Nifty Media declined, reflecting sector rotation

Markets reacted positively to easing tensions in West Asia and stable crude oil prices, which alleviated concerns around fuel and input costs.

Sector/IndexPerformance
IT & BPM sector-0.83%
Healthcare sector-0.38%
Oil & Gas sector-1.48%
Real estate sector-1.74%
PSU Bank in India-1.39%

Top gainers today

CompanyShare Price (in ₹)Change %
Nestle1,438.301.98
HUL2,169.501.72
Axis Bank1,314.501.71
Kotak Mahindra388.101.68
ICICI Bank1,293.301.44

Top losers today

CompanyShare Price (in ₹)Change %
Hindalco1,039.30-3.47
Coal India451.00-3.41
Infosys1,145.30-2.97
ONGC251.90-2.74
Eternal239.80-2.38

Market aftermath: Impact on stocks

Adani Green rises on block deal

Adani Green Energy Limited jumped over 3% after a block deal involving 2.1 crore shares worth around ₹3,200 crore. The stock touched a 52-week high of ₹1,544.8. Adani Green targets 50 GW of installed renewable capacity by 2030, including 5 GW of pumped storage, supported by expansion of its Khavda renewable energy project.

Asian Paints and IndiGo gain on easing crude

Asian Paints rose 1.3%, while InterGlobe Aviation surged 3.8% after Brent crude fell below $93 per barrel. Lower crude prices benefited airlines, paint makers, and tyre manufacturers, easing concerns over fuel and raw material costs.

Banking stocks surge on RBI forex swap facility

Bank of Baroda jumped 5.5%, Canara Bank gained 4.5%, Punjab National Bank rose 4%, and Union Bank advanced 3.1% after the RBI unveiled operational details for concessional forex swap facilities. The Nifty Bank index climbed over 2%, with PSU banks leading the rally. Private lenders like Federal Bank, IDFC First Bank, IndusInd Bank, ICICI Bank, and Axis Bank also saw gains up to 3.3%. The measures are expected to attract $50–70 billion in foreign inflows, supporting liquidity and rupee stability.

Crude futures edged lower after Iran and Israel agreed to halt attacks:

  • August Brent: $93.46 (-0.84%)
  • July WTI: $90.19 (-1.22%)
  • June MCX crude: ₹8,630 (-0.88%)
  • July MCX crude: ₹8,499 (-0.78%)

Markets reacted to geopolitical calm and statements from US President Donald Trump urging an immediate ceasefire. Oil-sensitive sectors benefited from easing fuel costs and improved input cost visibility.

Conclusion

Indian markets ended higher on Wednesday, supported by PSU banks, auto, and financials amid easing geopolitical tensions and stabilizing crude oil prices. Adani Green, Asian Paints, and IndiGo led gains, while IT and media lagged. RBI’s policy measures supporting foreign inflows further bolstered sentiment, though investors remain cautious, closely watching geopolitical developments and crude volatility for near-term direction.

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