Nifty 50: up 211.65 points (0.83%) to 25,682.75
Sensex: up 650.39 points (0.79%) to 83,277.15
In the broader market:
Nifty Midcap: up 0.48%
Nifty Smallcap: up 0.11%
Impact on the stock market
Sector-wise performance
Strong buying emerged in: Realty, PSU banks, Private banks, Pharma
Banking stocks clearly drove the rally. Investors continue to favour financials thanks to steady credit growth and stable earnings outlook.
Sectors under pressure
Selling pressure remained in: Auto, Metals
The weakness in auto stocks suggests investors are becoming cautious about consumption demand and global macro uncertainty.
Overall, the sector rotation signals a classic market behaviour: money moving from cyclical sectors to relatively defensive and financial stocks.
| Sector/Index | Performance |
| IT & BPM sector | 0.17% |
| Healthcare sector | 0.93% |
| Oil & Gas sector | 0.90% |
| Real estate sector | 1.59% |
| PSU Bank in India | 1.50% |
Top gainers today
| Company | Share Price (in ₹) | Change % |
| Power Grid Corp | 300.50 | 4.63 |
| Coal India | 422.50 | 3.31 |
| HDFC Bank | 925.80 | 2.42 |
| Adani Enterpris | 2,184.60 | 2.25 |
| Max Healthcare | 1,075.85 | 2.11 |
Top losers today
| Company | Share Price (in ₹) | Change % |
| Tech Mahindra | 1,512.70 | –1.41 |
| Maruti Suzuki | 15,051.00 | -1.22 |
| Bajaj Finance | 1,012.75 | -1.17 |
| TMPV | 377.25 | -0.79 |
| Eicher Motors | 8,010.50 | -0.68 |
Market aftermath: Impact on stocks
Gold and silver ETFs fall as metals turn volatile
Precious metals had a weak session, with gold and silver ETFs falling up to 3% as investors booked profits after recent gains. Edelweiss Silver ETF dropped around 3%, most silver ETFs fell over 2%, and Choice Gold ETF declined about 2%, with several other gold ETFs also trading in the red.
The decline comes amid sharp price swings in early 2026 and SEBI’s proposal to review ETF price bands to curb volatility. Despite the short-term fall, analysts believe the long-term outlook for gold remains positive.
Kfin Tech jumps after strong Q3 earnings
Kfin Technologies jumped over 7% to around ₹1,040 after reporting strong Q3 results. The company posted a net profit of ₹91.99 crore, up 2% year-on-year from ₹90.18 crore.
While the growth was modest, investors welcomed the consistency and stability of earnings in a volatile market. The rally shows how steady performance can drive stock gains when expectations are realistic.
Torrent Pharma rallies on earnings strength
Torrent Pharma gained over 6%, reaching ₹4,324.9.
The pharma sector has been quietly strong, and results like this reinforced confidence in defensive sectors.
Pharma often attracts investors during uncertain global and tech-led volatility — and today’s move fits that pattern perfectly.
Crude oil stays flat amid geopolitical tensions
Oil markets remained calm but cautious, with Brent crude at $67.77 and WTI at $62.78, while Indian crude futures slipped slightly to ₹5,710 for February and ₹5,724 for March. The cautious tone comes from rising geopolitical uncertainty, as a second round of US–Iran talks is expected, Oman is set to mediate, the US has deployed another aircraft carrier, and Iran has warned of retaliation if attacked.
Since Iran and Russia are major oil producers, any escalation could quickly impact global prices. Reflecting broader caution in commodities, natural gas fell 6.7%, while dhaniya and jeera futures declined 1.6% and 0.94%, respectively.
Conclusion
Today’s market session highlighted the current phase of investing marked by sector rotation and global uncertainty. Banking and defensive stocks led the rally, while broker and exchange stocks fell after RBI rule changes tightened funding conditions. Precious metal ETFs corrected following recent volatility, even as strong earnings pushed Kfin Tech and Torrent Pharma higher. Meanwhile, IT stocks continued to face pressure due to AI-related fears, and oil prices remained largely flat amid ongoing geopolitical tensions.
For more stock market insights, check out the StockGro blog.
